PublicationsBoletines - NO SE USA

Bulletin list 

  • Tax Bulletin April 2013 5/14/2013 Practice Area Garrigues Lawyers - Just days before the end of the period for filing the first informational return on assets and rights situated abroad (form 720), answers to FAQs are still being published on the State Tax Agency’s website and the Directorate-General of Taxes is still issuing binding rulings on the subject.
  • Corporate Governance Updates 1-2013 3/25/2013 Practice Area The Sustainable Economy Law (Law 2/2011, of March 4, 2011) and the legislation on governing bodies and other components of the legal rules on savings banks (Royal Decree-Law 11/2010, of July 9, 2010) laid down new corporate governance obligations each for listed companies (sociedades anónimas) and savings banks (cajas de ahorros).
  • Reestructuring and Insolvency Updates 2-2013 3/22/2013 Practice Area Royal Decree-Law 3/2013, of February 22, 2013, amending (inter alia) the rules on fees in the justice system governed by Law 10/2012 of November 20, 2012 (“Law 10/2012”), was published in the Official State Gazette on February 23, 2013.
  • Tax Bulletin - February 2013 2/28/2013 Practice Area At the end of October 2012, with a view to supplementing the numerous anti-fraud measures emerging in the course of 2012, a statutory obligation was established to report assets and rights owned and held by residents of Spain and situated abroad.
  • Tax Bulletin January 2013 1/15/2013 Practice Area To date, the elimination of international double taxation for Spanish companies investing in the United States or for US companies investing in Spain has been governed by the wording of the Spain-US tax treaty of 1990.
  • Tax Bulletin December 2012 12/19/2012 Practice Area
  • VAT Bulletin 2-2012 12/13/2012 Practice Area Real Decreto 1619/2012, de 30 de noviembre, por el que se aprueba el reglamento por el que se regulan las obligaciones de facturación.
  • Tax Bulletin November 2012 11/25/2012 Practice Area En los últimos tiempos se observa una fuerte apuesta del Gobierno y nuestros legisladores por la lucha contra el fraude fiscal, tanto en el ámbito nacional como en el internacional. Se están adoptando una amplia serie de medidas (i) por un lado, incentivando que se afloren los patrimonios no declarados, con una tributación aparentemente reducida y, (ii) como contrapunto, agravando las consecuencias en caso de que se mantengan ocultos, lo que viene a profundizar más en las conveniencias de la regularización
  • Tax Bulletin August September 2012 9/25/2012 Practice Area The process of decentralization and of promoting the ability of the municipal and autonomous community authorities to create and define their own taxes has led to the approval of new forms of taxation in recent years. In some cases, this has happened as part of policies to protect the environment and to pass on the negative effects associated with certain activities to those who engage in them, while in others the aim has also clearly been to raise revenues, basically given the current, and now prolonged, adverse economic situation.
  • Tax Bulletin July 2012 7/31/2012 Practice Area In Royal Decree-Law 20/2012, of July 13, 2012, the Government finally approved the expected increase in the standard and reduced value added tax (VAT) rates (with the VAT rate charged on certain goods and services also being increased from the reduced rate to the standard rate) which is set to apply from September 1, 2012.
  • Tax Bulletin June 2012 6/26/2012 Practice Area Royal Decree-Law 12/2012, of March 30, 2012, gave taxpayers the chance to make voluntary disclosures of assets or rights that were not reported for personal income tax, corporate income tax and nonresident income tax purposes, by filing a special tax return. It was later amended by Royal Decree-Law 19/2012, of May 25, 2012
  • Tax Bulletin May 2012 5/14/2012 Practice Area May 11, 2012 saw the approval of a new Royal Decree-Law (No. 18/2012) with measures to reinvigorate the Spanish economy, focusing on this occasion on reforming the financial industry and more specifically on the need to clean up credit institutions’ balance sheets in relation to impaired real estate assets.
  • Tax Bulletin April 2012 4/30/2012 Practice Area Royal Decree-Law 12/2012, summarized in our Tax News Bulletin 2/2012, gave individuals and enterprises the option to disclose any assets or rights not deriving from income reported for personal income tax, corporate income tax and nonresident income tax purposes, by filing a special tax return using a specific form, up to and including November 30, 2012.
  • Tax Bulletin April 2012 4/30/2012 Practice Area Royal Decree-Law 12/2012, summarized in our Tax News Bulletin 2/2012, gave individuals and enterprises the option to disclose any assets or rights not deriving from income reported for personal income tax, corporate income tax and nonresident income tax purposes, by filing a special tax return using a specific form, up to and including November 30, 2012.
  • Tax Bulletin March 2012 3/14/2012 Practice Area In a tax audit it is not unusual for the taxpayer to provide fresh documents, not produced earlier, to defend itself when it appeals to the economic-administrative tribunal or even in the judicial review proceeding. The Spanish courts and tribunals (mainly the Central Economic-Administrative Tribunal) have been reluctant to accept these fresh documents as evidence.
  • Tax Bulletin February 2012 2/24/2012 Practice Area The current worldwide economic context has prompted multinational groups to embark on corporate restructurings leading them very often to uproot all or part of their operations to other countries, which can in some cases lower their taxable profits in Spain. In these processes, some Spanish companies have been made into low-risk or contract manufacturers, or low-risk distributors or commission agents, and a large slice of the risks associated with manufacturing and distribution activities has been moved to nonresident companies in the same group.
  • Tax Bulletin January 2012 1/24/2012 Practice Area We comment on diverse consultations and recent judgments in which there are analyzed several aspects related in order taxation of the transmitted assets or those that are re-invested
  • Tax Bulletin November 2011 11/28/2011 Practice Area There are a number of tax issues associated with directors’ compensation: (i) deductibility for corporate income tax purposes, (ii) personal income tax treatment , or (iii) pricing, seeing as how a related-party transaction is involved.
  • Tax Bulletin october 2011 10/26/2011 Practice Area Certain aspects of the specific treatment given in corporate income tax law to the deductibility of impairment provisions in relation to shares in group entities, jointly controlled entities and associates (which differs from the accounting treatment) are unclear as to how they must be interpreted which has been further hampered by the entry into force of the new Spanish National Chart of Accounts, because of the new accounting rules for recognizing impairment.
  • Tax Bulletin august-september 2011 9/19/2011 Practice Area