Publications
Unification of the DGT’s criteria for applying R&D&I deductions
On 17 July 2025, the Central Economic-Administrative Court (TEAC) issued a ruling that unified the criteria for applying R&D&I deductions. This resolved the controversial issue of whether an R&D&I deduction generated in a given financial year could be applied in subsequent years, even if it had not been included in the self-assessment for the year […]
Baleric Islands remove tax on gifts between direct family members
With effect from 25 July 2025, the Inheritance and Gift Tax regulations in the Balearic Islands will exempt gifts between direct family members (i.e. spouses, children, and grandchildren) from taxation. The new regulations introduce a 100% deduction on tax liability for gifts between family members in Groups I and II. Until now, only inheritances between […]
Extension of birth and childcare leave
On 30 July 2025, Royal Decree-Law 9/2025 of 29 July was published in the Official State Gazette, extending the leave for the birth and care of children. This royal decree-law completes the transposition of Directive (EU) 2019/1158 concerning the work-life balance of parents and carers. Amendment of the revised text of the Workers’ Statute […]
Tax obligations Q2 2025
We hope the following information is of your interest. Please keep in mind, that the deadline for filing the following tax returns is July 21st, 2025: • Form 303, quarterly VAT return. Filing deadline for taxpayers included in the Immediate Supply of Information (“SII”) system is July 30th, 2025. • Form 349, (quarterly/monthly) EC Sales […]
VAT and non-payment: VAT requirements do not violate EU law
In March 2025, the Supreme Court ruled on the compatibility between Spanish legislation modifying the VAT taxable amount in the event of non-payment and the legal framework established by EU law, in its judgment No. 371/2025. The High Court analysed whether the loss of the right to such a reduction due to non-compliance with formal […]
VAT refund without justification of payment
In a resolution dated 27 September 2024, the Central Economic-Administrative Court analysed the burden of proof in the special VAT refund scheme for entrepreneurs or professionals who are not established in the Territory of Application of the Tax (TAT), but who are established in the European Union, the Canary Islands, Ceuta or Melilla. In accordance […]
The ViDA project is now a reality
On March 11, 2025, the European Commission adopted the new “VAT in the Digital Age” (ViDA) package, whose implementation will be progressively rolled out until 2035. This new framework introduces digitisation based on e-invoicing to combat tax evasion techniques such as carousel fraud, with estimated savings in compliance costs and measures to reduce the black […]
The power of AI to transform financial reporting
ChatGPT, Gen AI, Machine Learning – just to name a few buzzwords – are new technologies that are already indispensable in our daily lives. Artificial Intelligence (AI), as a general term encompassing this vast field, is playing an increasingly important, if not irreplaceable, role in both private and professional environments and in a very cross-cutting manner. […]
Regulatory update on cause of dissolution and restatement of annual accounts
Royal Decree-Law 4/2025: Promotion of Business Continuity and Accounting Adjustment: Temporary suspension of the grounds for dissolution due to losses and extension of the deadline for restating the 2024 annual accounts. With the recent publication of Royal Decree-Law 4/2025 of 8 April (published in the BOE on 9 April 2025), the Spanish government is […]
Updates to the regulation on B2B electronic invoicing
The Government has published a new version of the draft Royal Decree that will regulate the mandatory electronic invoicing between businesses and professionals (B2B), as part of the development of Law 18/2022 on the creation and growth of companies. This version introduces significant changes compared to the previous version (June 2023). It is currently in […]
Tax obligations Q1 2025
We hope the following information is of your interest. Please keep in mind, that the deadline for filing the following declarations is April 21st, 2025: Form 303, quarterly VAT return. Filing deadline for taxpayers included in the Immediate Supply of Information (“SII”) system is April 30th, 2025. Form 349, (quarterly/monthly) EC Sales List (Intra-Community […]
Intra-group transactions, exempt from VAT according to the CJEU
Where there is ‘unity of decision-making’, national tax authorities cannot refuse to recognise the group, even if this reduces their tax revenue. Intra-group transactions are exempt from VAT, according to a recent ruling by the Court of Justice of the European Union (CJEU). The exchange of goods or services between different business units does […]
Transfer Pricing: 2025 Tax and Customs Control Plan
On 17 March, the Official State Gazette (the “BOE”) published the 2025 Annual Tax and Customs Control Plan, which sets out new tax control guidelines for the coming year. In particular, the transfer pricing control will be intensified, with a focus on improving tax compliance. Automated risk analysis tools, greater specialisation and international cooperation will […]
Cybersecurity in AI: managing the growing risks
Artificial Intelligence (AI) is transforming our industries – and our daily lives – by providing innovative solutions and greater efficiency in a wide range of processes. But with these advances come new and growing cybersecurity risks, threats that must be addressed to ensure the integrity of AI systems and the data on which they rely. […]
VAT on intra-group transactions: recent considerations of the CJEU
Case C-184/23 before the Court of Justice of the European Union (CJEU) concerns the application of VAT to intra-group transactions under Directive 2006/112/EC. Specifically, it concerned the case of a German public-law foundation ‘S’, which was the parent company of a university (which managed a university medical centre) and a company called ‘U-GmbH’. In […]