New Spanish Corporate Tax measures 2025 (I)
As usual, the new year comes with tax news. In the area of Corporate Tax (“CIT”), we highlight below measures that we consider positive for taxpayers of this tax, given that they allow their tax burden to be reduced. All of them apply to fiscal years beginning as of...
The Spanish Global Minimum Tax: key insights into the new law
Before the end of the year, the Spanish Official Gazette of December 21 has just published Law 7/2024, which approves a Complementary Tax to guarantee a global minimum level of taxation for multinational groups and large national groups. Highly technically complex and...
The Spanish Supreme Court will determine which must be the withholding tax basis for non-residents
The Supreme Court accepts an appeal by which it will have to decide whether the withholding at source to which non-resident taxpayers are subject should be carried out on the entire income or on the net income, deducting the expenses directly related to the activity...
The Spanish Supreme Court criterion of companies in formation
In a recent ruling of June 17 of this year, the Supreme Court determined that, during the interval between the granting of the deed of incorporation of a limited liability company and its registration in the Commercial Registry, the entity is not subject to Corporate...