The professional services firm Bové Montero y Asociados and the French Chamber of Commerce organised the ¨Tax and Labour Developments Conference for Multinational Groups 2024¨. The session took place at the Círculo Ecuestre in Barcelona, the event was attended by 60 financial and labour managers from national and international companies, as well as representatives of the Barcelona Consular Corps.
Jose Maria Bové, President of Bové Montero y Asociados welcomed all attendees, and the speakers were introduced by Belén Fernandez Ulloa, Tax Partner of the firm. Carlos Gómez Jiménez, Deputy Director General for Taxation (Ministry of Finance and Public Administration.), analysed the reporting obligations of large digital operators at a European level, the new self-assessment system, and joint European inspections. In his speech, Mr. Gómez argued that “the new digital models of value creation lead to a new perception of the international tax reality” and pointed out that through the transposition of the EU Directive 2021/514 (also known as DAC 7), it is intended that the “tax administrations of the Member States are aware of the income derived from business models of digital platform”. In this respect, he admitted that there was a “lack of regulation” until the new regulation came into force and highlighted the “great novelty” of the “joint controls” provided for in the Directive, with a “mechanism for the exchange of information between Member States”, he added. He also described the new reporting requirements as “complex” and “delicate”.
Francisco Javier Rodríguez, Tax Director, and José Luis Gómez, Partner of the Labour Department, spoke on behalf of Bové Montero y Asociados. Mr. Rodríguez referred to the most important and recent developments in the special regime for workers posted to Spanish territory (or the Beckham Law) and turned his attention to another relevant tax aspect, known as ¨Pillar 2¨, the implementation of which in Spain (as it derives from the OECD recommendations for the establishment of a global minimum tax) will be determined by a preliminary law still in the drafting stage. In this regard, he expressed the “tax complexity” that the new regulation will entail, the classification of three taxes: national, primary, and secondary.
From the labour perspective, José Luis Gómez reviewed developments such as the updating of contribution bases and rates for 2024, the Social Security contributions for students undertaking unpaid training practices, the new leave for reconciliation of work and family life, the recognition of unmarried partners or the adjustment of the working hours, as well as planned regulatory changes, among others.
