Spain

Hombres por la igualdad

Nuria Coronado’s book “Hombres por la Igualdad” was presented in the headquarters of European Institutions in Madrid last Friday, 24th of November. Sixteen well known men from different professional sectors and trajectories shared pages in this book in favour of equality, the 16 are convinced of the necessity of achieving...

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Latest News

New ruling favourable for claims of mortgage costs

Recently we published an article with regards to court claims in mortgage expenses (Notary fees, Land´s Registry fees, Property Appraisal and management costs among others). Furthermore, a First Instance Judge from Alcorcon, (Madrid), has sentenced Bankia to refund all above mentioned mortgage set up costs including the Stamp Duty Tax which...

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Spain to recover its political influence in the EU

Spain to recover its political influence in the EU The Spanish government is facing a new role within its EU partners by gaining its lost influence due to the Brexit and its recovery from the economic crisis. Spain is trying to recover its diplomatic and influential position inside the European Union which...

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The Spanish tourist market, global leader in competitivity

The Spanish tourist market, global leader in competitivity Spain is found to be the first competitive global tourist power in a World Economic Forum's report. The Spanish tourist market keeps increasing and this year's provisions are higher than 2016's. Spain was visited last year by 75.6m tourists, up to 10.3% more than...

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The Spanish economy improves by reaching pre-crisis values

The Spanish economy improves by reaching pre-crisis values Spanish economic data are upgrading although there is still a wide margin for improvement in relation to employment. After three years of growth, the Spanish economy is improving and reaching levels prior to 2008 crisis. The government forecasts for 2017 places this growth around...

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When the taxpayer becomes a client

When the taxpayer becomes a client

The 31st of October marks the end of the Spanish Tax Agency's Tax Inspection's Intensified Action Plan against tax fraud, which has been described as arbitrary and confiscatory by the fiscal sector. Last February, the Spanish Association of Tax Advisors (AEDAF) criticized the plan of incentives against tax fraud that the...

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Corporate Income Tax: a roller coaster of reforms in Spain

The caretaker government will undertake the Corporate income Tax reform and  re-implement installment payments. This measure is being accused as confiscatory by labor unions and the opposition parties. The caretaker government will make effective through law-decree the Corporate income tax reform that was announced last July; and by which is trying...

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Treasury leads the way

Treasury leads the way

Working on the Tax Agency’s fight against tax fraud and tax collection has monopolized our week at Del Canto Chambers.  Treasury leads the way: The Tax Agency has been the chief protagonist this week at Del Canto Chambers. We have focused on the inspections being carried out in large multinational companies operating...

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Spanish corporate tax will grow

Spanish corporate tax will grow up to more than 20%

The Spanish government still has not specified a figure but assures it will be up to 20%. The public deficit's compliance with Brussels it is an uthopy. The Spanish caretaker government has notified to the Fiscal Responsability Indepedent Authority (AIReF) that the new corporate tax's fractioned payment's rate will permanently be...

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Spain and Morocco modify double-taxation agreement

Spain and Morocco modify their double-taxation agreement

This Agreement's reinterpretation will enable law firms and chambers' works and businesses with the neighbouring country. Spain and Morocco have introduced some modifications in their 1978 Agreement to avoid double taxation in the income and heritage tax fields, which will mean further improvements in both countries' commercial relations and in the...

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Iberia wins millionaire trial to Spanish Tax Agency

Iberia wins millionaire trial to Spanish Tax Agency

The Spanish airline company avoids paying 29 million euros of non-resident income tax to the Spanish Tax Agency because an unjustified inspection visit enlargement. The Spanish airline company Iberia has won a twenty-nine-million trial to the Spanish Tax Agency. That Agency was claiming this amount by way of non-resident income tax's...

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