Publications

The deadline for filing the following tax returns is July 20th, 2023: Form 303: Quarterly VAT return. For taxpayers included in the immediate supply of information (SII) system, the deadline is July 31st, 2023. Form 349: (quarterly/monthly) EC sales list. Form 111: (quarterly/monthly, as applicable) withholdings and payments on account of personal income tax on […]

Bové Montero y Asociados received the “Family Business Award” from the EU Business School at a gala event held at L’Auditori in Barcelona, where the graduation ceremony for its final year students was also held. This award recognises family businesses that successfully combine tradition and innovation, make a significant contribution to both the community and […]

Under the exemption of Article 21 of the Corporate Income Tax Act, companies can transfer shares in other entities and benefit from an exemption of up to 95% of the profit. However, if the transferring entity has the status of an “asset-holding entity”, the exemption does not cover unrealised capital gains, resulting in higher taxation […]

Beltrán Sánchez Partner of Bové Montero y Asociados For some time now, we have been reading in the media about actions taken by the Tax Authorities against well-known personalities (several ministers, radio broadcasters, sportsmen and women and influencers, among others) for using companies to exercise liberal professions or other activities or services of a highly […]

Bové Montero, in line with its objectives of caring for the health and well-being of its professionals, has launched several initiatives to promote a healthy lifestyle habits among its team. From the Madrid office, some professionals represented the firm at the 3rd Paddle Tennis Tournament organised by the Franco-Spanish Chamber of Commerce, which took place […]

Please be informed that as of 1 June, the three new special situations of temporary incapacity, regulated by Organic Law 1/2023, will come into force. These are the most significant new features of each of them: Sick leave for secondary incapacitating menstruation This is a situation in which a woman may find herself in case of secondary incapacitating […]

In the spanish Official State Gazette (BOE) of 30 May 2023, the resolutions approving the new Annual Accounts forms were published. These, issued by the Directorate General for Legal Certainty and Public Faith, contain a series of changes and new features in the forms for the presentation of consolidated annual accounts and individual annual accounts. In […]

On 18 April, the Spanish Accounting and Auditing Institute (ICAC) published on its website the resolution to the following consultations. These answers are based on the General Accounting Plan, approved by Royal Decree 1514/2007, and help to resolve any doubts that some financial departments may have regarding the new legislation. Regarding the accounting treatment of […]

Are you an employee working abroad and wish to reduce your tax burden? If so, it is essential that you are aware of article 7.p of the Personal Income Tax Act 35/2006. This legal provision establishes that employees who are tax resident in Spain may apply an exemption to income from work carried out abroad. […]

Authors: Beltrán Sánchez, Transfer Pricing Partner, and Tomás Luciano Ramin, Transfer Pricing Assistant   A few months ago, the Eighteenth Additional Provision was published in the Official State Gazette, concerning Temporary Measures in the Determination of the Tax Base in the Tax Consolidation Regime. At first glance, this measure appears to be controversial, at least […]

The Income tax return campaign is already underway and this year the Personal Income Tax (“IRPF” 2022) includes new features that must be taken into account, which we will detail in this article. Deadlines for submission The deadlines to submit the Income tax return, corresponding to the fiscal year 2022, began on 11 April 2023 […]

With the entry into force on 23 December 2022 of Law 28/2022, of 21 December, on the promotion of the start-up ecosystem, for the first time in Spain, the regulatory framework for innovative new technology-based companies with a scalable and stable business model, known as start-ups, is regulated, including a series of incentives which, in […]

We hereby inform you that on 1st April 2023 Royal Decree 1060/2022 (“BOE” of 5 January 2023) will come into force, which regulates certain matters regarding the management and control of temporary incapacity processes during the first 365 days of their duration.   This involves a new system for managing sick leave reports for temporary […]

What is an Equality Plan? It is a set of measures whose mission is to guarantee equal treatment and opportunities for women and men in the company, as well as the elimination of discriminatory situations based on gender. The Equality Plan improves the working environment and eliminates differences between male and female employees. It increases […]

  Author: Montserrat Carol, Tax Lawyer at Bové Montero y Asociados   On December 28th, Law 38/2022 of December 27th was published in the Official State Gazette (“BOE”), which, among other things, provides for the Temporary Solidarity Tax on Large Fortunes (hereinafter, “ITSGF”).   The main features of the new tax are as follows: It […]