In a last-minute decision, the Ministry of Finance resolves the uncertainty affecting foreign workers who moved to Spain in 2022 or 2023 to undertake activities or perform highly qualified functions, as established in the Startup Law of December 2022. These workers had the option to benefit from the special tax regime for expatriates, known as… Continue reading Tax advisor: Fiscal resolution for foreign workers: Startup Law and Beckham Law in Spain
Tag: tax benefits
Tax advisor: Exit Tax in Spain
The Exit Tax, also known as the “exit tax,” is configured as a tax designed to levy the transfer of assets outside of Spain. This measure aims to prevent individuals and companies from moving their assets to jurisdictions with more favorable tax regimes to avoid taxes in hypothetical future transfers. It is worth noting… Continue reading Tax advisor: Exit Tax in Spain
Tax advisor: Tax benefits that small companies can use in the Corporate Income Tax
In this corporate tax filing season, it is important to remember that small companies are entitled to attractive tax incentives, such as the freedom of depreciation for job creation or double depreciation. Below we will explain what these incentives are and the requirements that must be met. It is essential to bear in mind that… Continue reading Tax advisor: Tax benefits that small companies can use in the Corporate Income Tax
Tax advisor: The jumping error in the Inheritance and Gift Tax (ISD) does not occur when a reduction is not applied, since there has not been an increase in the tax amount that exceeds the established base.
The objective of this appeal, from the perspective of the objective interest in the formation of case law, is to determine, when interpreting article 56.3 of the General Tax Act (LGT), what should be the criterion for determining the existence of the leap error. This is done either by taking as a reference the taxable… Continue reading Tax advisor: The jumping error in the Inheritance and Gift Tax (ISD) does not occur when a reduction is not applied, since there has not been an increase in the tax amount that exceeds the established base.
Tax Advisor: Corporate Income Tax Benefits in 2023
In this article we will define some of the main tax benefits of the Corporate Tax in 2023, mostly focused on emerging companies. Any citizen should be aware of all these novelties at the time of filing the tax return. Law 31/2022 of the General State Budget has introduced an important novelty in the Corporate… Continue reading Tax Advisor: Corporate Income Tax Benefits in 2023