Direct aids for Spanish companies to mitigate COVID-19 effects
After several months of pandemia, the enlarged sanitary crisis in the first 2021 quarter and the effects in the economy of the measures taken to stop its worldwide extension, the risk of a significant damage of the companies balance sheets has increased as well as of...
Hybrid mismatches: treatment in the Spanish Corporate income tax
On March 10, Royal Decree 04 / 2021 of 09 March was published in the Spanish Official Gazette to transpose into Spanish regulations EU Directive 2016 / 1164 (modified by EU Directve 2017 / 0952) which regulates hybrid mismatches. This regulation is passed for cases in...
REIT: what it is, how it works and tax advantages
Investing in Spanish real estate, if adequately structured, can benefit from special schemes offered by Spanish Tax Laws, that may significantly reduce the standard Corporate income taxation rate of 25%. Despite COVID 19 may have affected the real estate market, the...
Brexit: Spanish VAT refund to UK companies
On January 04, 2021, the Spanish General Directorate of Taxes (GDT) has issued a Resolution clarifying doubts affecting the VAT refund to companies or entrepreneurs established in the UK and in Northern Ireland. As a consequence of the Brexit Agreement, the UK...