News

  Tax revenue loss on Corporate Income Tax returns AUTHOR: Susana Arroyo. Tax Manager at Bové Montero y Asociados   Corporate Income Tax (CIT) revenue for the current year shows a loss of around 2.3 billion euro, mainly due to refunds to be paid out to taxpayers. The substantial drop in the ability of CIT […]

  Tax bias in dividends of multinational companies AUTHOR: Belén Fernández. Partner at Bové Monteros y Asociados   Eliminating the full exemption on dividends received by holding companies is a measure with a purely tax-raising purpose and no technical or fiscal reasonableness. The General State Budget for 2021 on which the Government is working is […]

Challenges and opportunities for investments in Spain We have all been surprised by the impact of the coronavirus on business in Spain. What can decision makers in companies do? What business opportunities arise from the current situation? And how can we shape the future of Austrian-Spanish companies? Bové Montero y Asociados organised a webinar together […]

Tax webinar series On 15 September we began our series of tax webinars in conjunction with the Spanish Institute of Chartered Accountants (ICJCE). The tax team at Bové Montero y Asociados will present five sessions on topics of great interest to professionals in the sector throughout September and October. The series forms part of the […]

  Sun and beach for foreign high-net-worth individuals AUTHOR: Andreu Bové. Tax Adviser at Bové Montero y Asociados   It is true that with the changes made to the “Beckham Law” in 2015, the fiscal attractiveness of Spain as a destination for wealthy individuals was reduced in favour of other jurisdictions such as Portugal, Italy, […]

    Non-financial reports: a taxonomy AUTHOR: Andreu Bové. Tax adviser at Bové Montero y Asociados   The  Spanish National Securities Market Commission (CNMV) has published its supervisory report on annual accounts for 2018. The section on Non-Financial Reporting (NFR) reveals that 13 companies submitted qualifications in the verification report, while requests for supplementary information […]

  François Blin appointed new member of the Board of Directors of La Chambre   We are pleased to announce that our partner François Blin has been appointed to the Board of Directors of the Franco-Spanish Chamber of Commerce and Industry, La Chambre, a position he has held since 2019. La Chambre has elected Sara […]

  Webinar “Remuneration of Directors and Senior Management”   On June 16, Bové Montero y Asociados organized a webinar together with the Spanish Institute of Chartered Accountants. Within the “study at home” programme #FormateEnCasa, from the School of Auditing this session was held with the purpose of analysing the basic regulation of the remuneration of […]

Taxation for start-ups and entrepreneurs   On June 17, Bové Montero y Asociados organized a webinar on Taxation for start-ups and entrepreneurs together with the UPC Innovation Ecosystem. Throughout these last years, the business network of our country has been enriched by the irruption of entrepreneurs with great ideas and new projects with a strong […]

What effect will the lockdown have on tax residency? Both the Spanish government and Tax Agency have failed to address this issue. Days spent under lockdown will not count towards tax residency in countries like Germany or France. AUTHOR: Andreu Bové, Tax Advisor Bové Montero y Asociados BOVÉ_CINCODÍAS_210520   The lockdown imposed by our governments […]

Board of directors: personal income tax exemption on income earned abroad   AUTHOR: Francisco Javier Rodríguez. Tax Manager Bové Montero y Asociados   In light of the National High Court pronouncing in favour of the taxpayer, and while we await the Supreme Court’s judgment, it may be premature to rule out the possibility of directors […]

Global mobility after COVID-19 On 8 May, Bové Montero y Asociados organised a webinar in collaboration with the British Chamber of Commerce in Spain. The global crisis caused by COVID-19 has affected all businesses to a greater or lesser extent, and one of the biggest impacts has been the restrictions on employee mobility. Last week, […]

Now more than ever is a time for solidarity, and at Bové Montero y Asociados we have launched an initiative to help fight the effects of COVID-19 in Spain. Since the crisis began, we have been looking at ways of collaborating in different areas to give something back to society.   Our offices receive a weekly […]

On Wednesday 15th April, Bové Montero y Asociados presented another webinar in collaboration with the Spanish Chamber of Commerce in Italy, “The tax outlook in Spain after COVID-19”. The Spanish government has adopted urgent extraordinary measures to tackle COVID-19 which will affect businesses when it comes to paying tax. In this session, Andreu Bové (Tax […]

Tax webinar with the German Chamber to tackle COVID-19 On Friday 3 April, Bové Montero y Asociados, in collaboration with the German Chamber of Commerce in Spain, organised a webinar called “Extraordinary tax measures to tackle COVID-19 in Spain”. This session formed part of the Chamber’s “Current legal and tax affairs” series, bringing together a […]