Possible unconstitutionality of RDL 3/2016

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...

DAC6 transposition EU Directive 2018/822

Last December 30, 2020 was published in the Spanish Official Gazette (BOE) the Law 10/2020. The purpose of this law, is the transposition of the Council Directive 2018/822/EU of 25 May 2018 (known as DAC6). Directive 2018/822, DAC6, obliges for intermediaries (and in...

Project of Tax measures, 2021 Public Budget Statutes

Yesterday, October 27th, the 2021 Public Budget Statutes for 2021 was presented by the Government to the Parliament, which main tax proposals are the following: Corporate Income Tax: the participation exemption and revenues generated from the transmission of them are...

COVID-19: Tax measures for the car industry entities

Yesterday, the Royal Decree Law 23/2020 approved several measures destinated to reactivate the business economy. Two of the rules approved modify the Corporate Income Tax Law, being the modifications the following:   Tax credit for “innovation activities”,...