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COVID19 crisis: deferment social security contributions

On April 3, 2020, Posted by , In Belastingen Spanje,Business Spain,Dochterbedrijf,Koopbegeleiding,Real Estate Spain,Taxes Spain, With Comments Off on COVID19 crisis: deferment social security contributions

In order to ensure that the liquidity of Spanish companies would not be put under further strain during the emergency, the Spanish authorities have made it possible to defer the payment of social security contributions. With immediate effect, all companies, regardless of size or sector, can request a deferral of…

New economic emergency measures COVID-19 

On March 18, 2020, Posted by , In Business Spain,Dochterbedrijf,Taxes Spain, With Comments Off on New economic emergency measures COVID-19 

On Tuesday 17/03/20, the Spanish Government announced the following emergency economic measures to help businesses and workers during this difficult period: Temporary lay-offs and short-time working (ERTE) Force majeure: companies that have to suspend employment contracts or reduce working hours during the state of emergency as a direct consequence of…

Spanish government announces first corona measures

On March 16, 2020, Posted by , In Belastingen Spanje,Business Spain,Dochterbedrijf,Taxes Spain, With Comments Off on Spanish government announces first corona measures

First urgent measures only for SMEs In connection with the coronavirus emergency, the Spanish authorities have imposed the following tax and social security measures. Please note: more measures are expected to be added in the coming days and weeks. Deferral of SME taxes Tax payments for which tax returns must…

Sponsor sports talent and save up to 90% corporation tax

On December 5, 2019, Posted by , In Belastingen Spanje,Business Spain,Dochterbedrijf,Taxes Spain, With Comments Off on Sponsor sports talent and save up to 90% corporation tax

Companies in Spain that sponsor sports talent can save up to 90% of the sponsor amount on their corporation tax! Interesting for both brand awareness and finances, but only suitable for companies with large budgets. We explain how it works and for those interested, we’ll introduce a talent. Imagine: your…

Thanks to ‘big data’ tax fraud discovered in 45 minutes

On October 25, 2019, Posted by , In Taxes Spain, With Comments Off on Thanks to ‘big data’ tax fraud discovered in 45 minutes

45 minutes. That is the time the Spanish tax office Hacienda needs to detect tax fraud in the case of big fortunes thanks to the use of big data. From now on it will be a lot harder for Spanish business people, bankers, politicians, athletes and artists to stay under…

Spanish tax authorities to punish tax havens advisers

On September 20, 2019, Posted by , In Taxes Spain, With Comments Off on Spanish tax authorities to punish tax havens advisers

The Spanish tax authorities want to reward tax advisers who inform about violations and tax evasion with preferential treatment. For this purpose the tax authorities have presented a Code of Best Tax Practices to associations for tax advisers. The endorsement of the code is voluntary. Tax authorities are introducing a…

Focus Spanish Tax Authorities

On September 20, 2019, Posted by , In Real Estate Spain,Taxes Spain, With Comments Off on Focus Spanish Tax Authorities

The Spanish tax authorities will pay extra attention this year to tax returns inspections in the case of large assets, financial technologies, online sales and crypto currency, according to the Tax Inspection Plan 2019. Spanish tax authorities focus on assets, fintech, e-commerce and cryptocurrencies The definitive implementation of a new…

Watch out: Spanish tax authorities offer 95 million in bonuses

On June 25, 2019, Posted by , In Taxes Spain, With Comments Off on Watch out: Spanish tax authorities offer 95 million in bonuses

The Spanish tax authorities have again created a bonus of 95 million euros as part of the “Special Increase Inspection Plan” for 2019. – Target: 150 billion income tax and IVA The amount of money rewarded by the Spanish tax authorities is the same as in 2018, but in return…

Catalonia to collect tax on luxury goods

On May 25, 2019, Posted by , In Taxes Spain, With Comments Off on Catalonia to collect tax on luxury goods

Catalonia is the first Spanish autonomous community to introduce a special tax on luxury goods. The anti-fraud measurement is introduced retroactively. 0.2 to 2.75% tax on luxury possessions All these assets are considered ‘non-productive assets’ and the owners must pay a tax of between 0.2 and 2.75 per cent. The…

Spanish Tax Agency controls Management Companies

On May 7, 2019, Posted by , In Business Spain,Taxes Spain, With Comments Off on Spanish Tax Agency controls Management Companies

The Spanish Tax Agency (AEAT) has published a report, warning against the risks of Asset Management Companies. Improper use can lead to additional income tax, corporation tax, VAT and wealth tax. The warning comes after several politicians were recently discredited because of the way they use Asset Management Ltd’s. The…