Publications - Tax
Brexit and Community rules. True effects
Although it has been a month since the Eurosceptics triumphed, with 51.9% of the vote, over the 48.1% of Brits who elected to remain part of the EU, the real effects of Brexit will take more than two years to materialize.
Immediate comments on the possible impact of Brexit on Spanish tax
The Lisbon Treaty (which has been in force since December 2009), incorporated into the Treaty on European Union a clause allowing for the exit of a Member State from the Union (in article 50 of the TEU).
Introduction of substance over form principle into the tax law– new source of tax risk for the business
On 14 June 2016 the Act from 13 May 2016 amending the Tax Ordinance and other acts (hereinafter referred to as the “Act”) has been published in the Journal of Laws. It radically modifies clause on avoiding double taxation (hereinafter…
The legislative process on the new retail tax and changes in real estate tax has entered a new phase in the last few days
The government has significantly sped up work on the envisaged new retail tax, and has put forward a proposal for a bill in the last few days.
New Union Customs Code
The new Union Customs Code will be applicable on May 1, 2016.
New Union Customs Code
As we reported in our bulletin in January 2016, the publication of the provisions implementing the Union Customs Code (UCC) in December 2015 enables it to be fully applicable from May 1 2016.
Budget Law - Portugal 2016 - Garrigues Summary - Shifting Sands
The Budget Law for 2016 (Law n.º 7-A/2016) was published on 30 of March 2016. The Budget Law provides for several tax measures impacting on areas that range from corporate tax, indirect taxes, real estate taxes and personal income tax.…
Portugal: Budget Bill for 2016 - Garrigues Summary - Shifting Sands
The Budget Bill for 2016 was presented to the Parliament on 5 February 2016. The Budget Bill provides for several tax measures impacting on areas that range from corporate tax, indirect taxes, real estate taxes and personal income tax.…
New Tax Legislation in the Budget Law for 2016
On October 30, 2015, the Official State Gazette (BOE) published Law 48/2015, of October 29, 2015, on the General State Budget for 2016 (LPGE).
The reform of the regime for monetization of deferred tax assets in the General Budget Law for 2016
Royal Decree-Law 14/2013 introduced into corporate income tax law a regime for the conversion of deferred tax assets (“DTAs”). The regime consisted of a new timing of recognition rule in the tax base for certain provisions for the…
Amendment of the General Taxation Law
On September 22, 2015, Law 34/2015, of September 21, 2015, partially amending General Taxation Law 58/2003, of December 17, 2003 was published in the Official State Gazette. It will enter into force, in general, twenty days after its publication in…
Commentary Tax Mexico - Tax matters of the Economic Reform Package