Publications

VAT is a tax that is characterised by its neutrality, i.e. the tax is borne by the final consumer and does not represent a cost for entrepreneurs. This neutrality is achieved by two mechanisms: deduction and refund. The controversy lies in the fact that, while entrepreneurs established in the territory in which the tax applies […]

Application: ALL TAXPAYERS WHO ISSUE INVOICES AND ARE NOT REQUIRED TO USE THE Immediate Supply of Information (SII).   With the publication of Royal Decree 1007/2023 in the Official State Gazette (BOE), the regulation establishing the requirements for billing software systems was approved. The approval of the Ministerial Order that specifies the technical, functional, and […]

In accordance with Royal Decree-Law 2/2023, of 16 March, on 1 January 2025 the additional solidarity contribution will come into force, whereby companies and employees will have to contribute to the Social Security for salaries exceeding the maximum contribution base annually established by the General State Budget Law. Social Security contributions, both by the employer […]

We are writing to remind you of the obligation to file Form 232 – “Informative return on related-party transactions and on transactions and situations relating to countries or territories classified as tax havens” – during the current month, November 2024. Form 232 covers and expands on information previously included in Form 200, the annual Corporate […]

As we had already published in May of this year, as of March 2024, many companies are obliged to have an LGBTI Plan. At that time, as we indicated in the article, the applicable regulations were not fully developed.   On 8 October, the Council of Ministers approved, as proposed by the Ministry of Labour […]

At a time when the labour market is undergoing constant change, small and medium-sized enterprises (SMEs) are facing major talent management challenges. These companies, which often make up the bulk of the business sector, must navigate an environment characterised by increasing competition for talent, accelerated digitalisation and changing employee expectations. Employment prospects have changed significantly […]

October 21st 2024, is the deadline for filing the following returns: Form 303, quarterly VAT return. For taxpayers included in the immediate supply of information (SII) system, the deadline is October 30th. Form 349, (quarterly/monthly) EC sales list. Form 111 (quarterly/monthly, as applicable), withholdings and payments on account of personal income tax on earned income. […]

Firstly, it is important to remember that Law 13/2023 of 24 May introduced the concept of the self-assessment correction which allows taxpayers to rectify an error that may have been made when filing their self-assessment; thus, the self-assessment correction replaces, in taxes so established, the current dual system of supplementary self-assessment and correction request. The […]

The deadline for filing the following tax returns is July 22th, 2024: Form 303: Quarterly VAT return. For taxpayers included in the immediate supply of information (SII) system, the deadline is July 30th, 2024. Form 349: (quarterly/monthly) EC sales list. Form 111: (quarterly/monthly, as applicable) withholdings and payments on account of personal income tax on […]

The application of the “rule of effective use” in VAT has been an issue of great relevance in recent times, ensuring that certain services are considered to be performed in the country where they are used. This rule has generated great debates. To understand the importance of this rule, it is essential to understand how […]

In its ruling of 22 February 2024, the Spanish Central Economic and Administrative Court (TEAC) addressed the issue of late accreditation of deductions in Corporate Income Tax (IS), focusing specifically on research, development, and technological innovation (R&D&I) activities.   In the past, the Spanish General Directorate of Taxes (DGT) allowed taxpayers two options for accrediting […]

Case C-207/23 before the Court of Justice of the European Union (CJEU) deals with the application of VAT under Directive 2006/112/EC, in relation to the free supply of biogas-generated heat by Y KG to other companies for activities such as wood drying and asparagus field heating. Following an inspection, the German tax administration treated these […]

Under the Trans Law, as of March 2024 many companies are obliged to have an LGTBI Plan. Although the regulations are not yet fully developed, it is clear that inclusion and diversity are fundamental aspects of business sustainability. Therefore, ensuring that no one is left behind in promoting diversity will be key to building an […]

On 25 April, Andreu Bové, Tax Partner, and Francisco Javier Rodríguez, Tax Director, both professionals of Bové Montero, participated in the seminar of the International Association of Young Lawyers in Frankfurt, organised by AIJA. Andreu Bové was also a speaker at the conference entitled “Maximising efficiency – the classic question: Share deals vs. asset deals […]

Below we highlight a series of tax obligations to be taken into account in the first quarter of 2024.   Please keep in mind, that the deadline for filing the following declarations is April 22nd, 2024:   Form 303, quarterly VAT return. Filing deadline for taxpayers included in the Immediate Supply of Information (“SII”) system […]