Spanish tax residence in COVID times
The Spanish General Directorate of Taxes (GDT) ignores the OECD recommendations of not taking into account the days of presence in a territory due to the state of alarm and computes them within the 183 days period that is used to determine the tax residence of...
Portfolio investment in group, associated or multigroup companies: learn about their Spanish Corporate income tax treatment.
At this time of year, most Spanish companies whose fiscal year coincides with the calendar year are engaged in their annual audit process as well as in the calculation of their annual Corporate income tax expense. If your company has portfolio investment in companies...
How an appropriate tax planning can improve your company’s tax savings
Please remember that tax savings always derive from an appropriate planning, that should be designed well in advance. Spanish Corporate income tax is due on the 25 days following 6 months as from the end of the fiscal year. Throughout the fiscal year, Spanish...
Spanish tax highlights of the temporary international assignment of employees
Employees that are temporarily assigned out of Spain are entitled to exempt, up to 60,100.00 Euro annually, employment income obtained during their assignment. Employees that are temporarily assigned out of Spain are entitled to exempt, up to 60,100.00 Euro annually,...