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As many of you may know or want to know, declaring the investment of foreign partners in your ‘Spanish’ company involves a series of legal and fiscal steps. The reality is that Spain attracts not only tourism but also foreign investment due to its geographical location, popularity, quality of life and industrial and commercial diversity. […]

Background and criticism The Wealth Tax was introduced in Spain in 1977 under a census premise, its singular objective being to ascertain the real wealth of Spanish citizens without losing the opportunity, of course, for taxpayers to pay tax on it. At present, although the global trend seems to be towards the abolition of such […]

The declaration of income and wealth always raises many doubts, especially with regard to applicable deductions and payments, which we try to resolve below: Questions and answers about the 2023 income and wealth tax return. How much can I be paid for untaxed mileage? From this year onwards, the tax-deductible mileage allowance is now 0.26 […]

On 3 April, the campaign for filing the Income and Wealth Tax Return for the year 2023 begins. As every year, there are new features that you should bear in mind, which we will explain below. New features in the 2023 income tax return Many of the new features are related to possible deductions by […]

The anthropologist Caleb Everett stated that numbers ‘made us who we are’ and they remind us and we associate them with different moments. Surely, and this being a totally subjective reflection, the number 720 does not evoke anything in our minds, and as a historical fact, in 720 A.D. the Umayyads conquered the heroic Gaul. […]

When we think of a fiscally attractive country, Spain does not spring to mind. The reality is that within the countries that make up the Organisation for Economic Co-operation and Development (OECD), Spain occupies one of the positions of ‘fiscal decline’. According to the International Tax Competitiveness Index for the year 2023, led by the […]

The transposition of EU Directive 2021/514, known as DAC 7, is a reality. The General Tax Law has recently incorporated the obligation to exchange tax information between EU countries, obtained through digital platform operators. The directive regulates the exchange of information between the tax administrations of the EU Member States, for which the platforms are […]

How are stock options taxed on your tax return? A new income tax campaign has already begun and this time, we take a closer look at the taxation in Spain of Stock Options, a recurring remuneration figure among startups, whose objective is to obtain and retain talent, maintaining the company’s attractiveness, as well as a […]