NEWS

August 31, 2022

Obligation to declare foreign pensions depending on their amount

The ruling dated 28 June 2022 of the Central Economic-Administrative Court (TEAC) establishes certain thresholds to be taken into account when the taxpayer’s only income is a pension from a foreign source that has not been subject to withholding tax ...

July 29, 2022

Temporary absences when determining the applicable autonomous community inheritance and gift tax regulations

In its ruling issued 3 May 2022, the Supreme Court analyses the application of the rules of one autonomous community or another, taking into account that the one where the donee (the recipient of the donation) has spent the greatest ...

June 8, 2022

Sale of real estate companies: recent tax rulings

Taxation on the sale of companies with real estate as current assets On 29 March 2022, the Central Economic-Administrative Court ruled on the taxation of a sale of shares in a company with real estate accounted for as current assets. ...

May 11, 2022

Difficulties in enforcing shareholders’ agreements

Shareholders’ agreements regulate the relationship between shareholders outside the channels provided for by law and the articles of association. These shareholders’ agreements are fully valid and effective between the signatory shareholders. The various disputes which are the subject of this ...

February 1, 2022

Can loss generated after donating an asset be deducted?

A few months ago, the Central Economic-Administrative Court (“TEAC”) in its ruling of 31 May 2021 analysed the possibility of deducting the losses that may be generated by the difference between the acquisition value of the donated asset and its ...

January 10, 2022

Relevant changes to the Andalusian planning law

On the 24th of December 2021 the new Andalusian planning law (“LISTA” Spanish acronym) came into force which substitutes the former one enacted in 2002 which has been amended in numerous occasions and caused many disputes and the cancellation of ...

December 6, 2021

Director’s compensation continues on the Tax Authorities’ radar

For some time, tax inspectors have been focused on questioning the tax deductibility of compensation to directors. Based on several rulings from the Economical Administrative court, it is again questioned whether compensations are deductible, especially on cases where such compensation ...

June 26, 2021

Dividends from subsidiaries to Parent companies: are they exempt when the parent company is majorly owned directly or indirectly by a non-European member resident?

The National High Court in a ruling dated 31 May 2021 confirms when a company can take advantage of the dividend exemption from subsidiary to parent company. The case consists of a Luxembourg company – fully owned by a Qatar ...

March 17, 2021

Donation tax Statute of limitations on bank transfers

Ruling from the Supreme Court dated 30 November 2020 determines when does the statute of limitations start running for donation tax on a given donation made through a bank transfer and such only being disclosed on the relevant bank statement. ...

March 2, 2021

A single joint director can call a general meeting with the purpose to amend the directorship structure

The General Directorate for Legal Security and Public Faith has issued on 12 November and 22 October 2020 two similar resolutions by which they approve that a Shareholder’s General Meeting can be called by only one of the two joint ...

Obligation to declare foreign pensions depending on their amount

Temporary absences when determining the applicable autonomous community inheritance and gift tax regulations

Sale of real estate companies: recent tax rulings

Difficulties in enforcing shareholders’ agreements

Can loss generated after donating an asset be deducted?

Relevant changes to the Andalusian planning law

Director’s compensation continues on the Tax Authorities’ radar

Dividends from subsidiaries to Parent companies: are they exempt when the parent company is majorly owned directly or indirectly by a non-European member resident?

Donation tax Statute of limitations on bank transfers

A single joint director can call a general meeting with the purpose to amend the directorship structure

WORKING HOURS

CONTACT

ADDRESS

RECENT POSTS