Apr 8, 2021 | Tax Flash
Yesterday, the Spanish Official Gazette published the Regulation of DAC6 “Real Decreto 243/2021“ which estates the obligation to communicate the reportable cross-border arrangements when certain circumstances known as “hallmarks” are met, implying the obligation of...
Mar 23, 2021 | Tax Flash
According to the Resolution dated January 18, 2021, foreign taxpayers will be able to pay their debts to the Spanish Tax Administration by transfer from their foreign bank accounts, and consequently will not need to open an account in a Spanish Bank....
Mar 9, 2021 | Tax Flash
In the last few days we have been informed of a very recent decision from the Spanish Central Administrative Court (TEAC), dated 11 February 2021. This decision rejects the possibility of claiming the unconstitutionality of the CIT pre-payment of April, 2018. As we...
Feb 9, 2021 | Tax Flash
The Spanish General Directorate for taxation (DGT), in the recent binding consultation number V3248-20, dated 30 October, 2020, considers that the goods distributing centres handled by logistic operators not necessarily constitute permanent establishments of...
Jan 19, 2021 | Tax Flash
As we informed you in a previous Tax Flashes, the Spanish Constitutional Court (CC) declared Royal Decree-Law (RDL) 2/2016, that had introduced substantial modifications in the calculation of the Corporate Income Tax (CIT) prepayments, as unconstitutional. As a result...
Jan 14, 2021 | Tax Flash
According to the 2021 Annual Budget, which has entered into effect on 1 January 2021, the 100% participation exemption is reduced to 95% on qualifying dividends and capital gains to 95%. Therefore, 5% of the gross dividend and capital gain is now taxed at the standard...
