We would like to inform you about the expected increase in social security costs for companies and employees for the coming year in Spain. The Government has presented the General State Budget (PGE) for 2023 in which Social Security income will increase by 12.8%. A very important part of this increase will be achieved…
On Thursday, the Spanish Government presented a package of tax measures that would come into force as of 2023. These measures include both structural changes and measures of temporary duration during the years 2023 and 2024. Below we summarise some of these measures. Personal Income Tax (“IRPF”) In order to reduce the…
On September 13th, 2022, the Directorate General for Taxation (“DGT”) has issued binding ruling number V1947-22, which affects individuals that are not tax resident in Spain and own real estate properties in Spain indirectly, i.e. through foreign entities. By means of this ruling, the DGT confirms that the holding of shares in non-resident entities, which…
The Congress approves the Law for the Creation and Growth of Companies (“Ley Crea y crece”), one of the main reforms of the Spanish Recovery Plan. The text is pending publication in the Spanish State Gazette (“BOE”) and its subsequent entry into force but, among others, covers the following topics: Creation of companies For…
Amministratori delle Società: applicazione della esenzione relativa ai redditi da lavoro percepiti per prestazioni effettivamente svolte all’estero L’art. 7 p) della Legge sull’imposta sui redditi delle persone fisiche (Ley IRPF) Con sentenza del 4 novembre 2021, il Tribunale di Giustizia Superiore della Cataluña ha emesso una decisione di interessante applicazione pratica; è stata…
Our Firm is proud to announce that our partner Andreu Bové has been elected new Member and Coordinator of the AEDAF (Spanish Association of Tax Advisors) Youth Group. The main objectives of this Group are to give greater visibility to associates under 40 years of age, to accompany them in their incorporation to the…
