## [Tax Newsletter - March 2020](/en_GB/new/tax-newsletter-march-2020) # Tax Newsletter - March 2020 Spain - 03 / 31 / 2020 - - [](https://www.linkedin.com/sharing/share-offsite/?url=https://www.garrigues.com/en_GB/new/tax-newsletter-march-2020) - []() - []() [DOWNLOAD DOCUMENT ![Download](/sites/default/files/inline-images/flecha-abajo.png)](/sites/default/files/noticias/files/tax_newsletter_march_2020.pdf) Previous Next ![](/sites/default/files/noticias/img/newsletter_tributario_marzo_2020.jpg) ## [**COVID-19: Ordinary time periods still apply for filing central government tax returns**](https://www.garrigues.com/en_GB/new/covid-19-ordinary-time-periods-still-apply-filing-central-government-tax-returns) Due to the situation caused by the spread of COVID-19, abundant legislation is being published with tax implications, and in other areas, aimed at softening the effects of the situation created for companies and citizens. [**KEEP READING**](https://www.garrigues.com/en_GB/new/covid-19-ordinary-time-periods-still-apply-filing-central-government-tax-returns) ### [**Judgments**](https://www.garrigues.com/en_GB/new/tax-newsletter-march-2020-judgments) - **Freedom of establishment.**- Progressive tax on turnover that mainly affects subsidiaries of large foreign companies is not contrary to the freedom of establishment - **Freedom of establishment.**- Legislation preventing deduction of tax losses by a company that transfers its tax residence to another Member State is not contrary to the freedom of establishment - **Freedom to provide services.**- Legislation establishing a more onerous penalty regime for providers established in other Member States is not contrary to the freedom to provide services - **Stamp tax.**- Changes to mortgage loans that affect more than just the interest rate or the repayment period are exempt from stamp tax - **Tax elections.**- Not claiming a tax benefit on a return does not imply a tax election - **Inspection procedure.**- Assessments on an agreed basis cannot be used as independent proof, but rather as a means to confirm the other items of proof - **Review procedure.**- An appeal cannot be rejected if the taxpayer has followed the system of appeals indicated by the tax authorities in the assessment [**VIEW MORE**](https://www.garrigues.com/en_GB/new/tax-newsletter-march-2020-judgments) ### [**Decisions**](https://www.garrigues.com/en_GB/new/tax-newsletter-march-2020-decisions) - **Nonresident income tax.**- Nonresident funds are entitled to a refund of withholdings incurred indirectly - **Personal income tax.**- Capital gain with known origin is not an undisclosed capital gain, even though the reason for its receipt is not known - **Personal income tax.**- ‘Tax’ capital loss occurring on a gift is deductible on giver’s personal income tax return - **Management/refund procedure.**- Tax authorities must pay interest on interest not refunded within time limit - **Audit procedure.**- Tax authorities cannot start a new audit on a previously audited issue if no new facts or circumstances have first been discovered - **Penalty procedure.**- The penalty for not reporting an unjustified gain on a personal income tax return cannot be justified by the mere failure to file form 720 [**VIEW MORE**](https://www.garrigues.com/en_GB/new/tax-newsletter-march-2020-decisions) ### [**Resolution requests**](https://www.garrigues.com/en_GB/new/tax-newsletter-march-2020-resolution-requests) - **Corporate income tax.**- The absorption of inactive companies may be found to have been performed on valid grounds, depending on the circumstances - **Corporate income tax.**- Lease expense is deductible even if the revenue is exempt in the hands of the lessor - **Personal income tax.**- Worker’s reinstatement means returning the received severance and recovering the paid tax by filing a correction return - **Inheritance and gift tax.**- A gift of properties to nonresidents benefits from the legislation of the autonomous community where the property is located; a gift of cash benefits from the legislation where the money was located for the highest number of days over the last five years - **Wealth tax.**- Impact of cash from sale of shares on family business exemption [**VIEW MORE**](https://www.garrigues.com/en_GB/new/tax-newsletter-march-2020-resolution-requests) ### [**Legislation**](https://www.garrigues.com/en_GB/new/tax-newsletter-march-2020-legislation) - Approval of the 2019 personal income tax and wealth tax return forms - Amendment of Form 349 for the recapitulative statement of intra-Community transactions - Change to Form 189 for the information return on securities, insurance and income - Approval of the trading values in the fourth quarter of 2019 for traded securities for wealth tax purposes - Approval of Form 140 for requesting the advance payment of personal income tax credits for maternity - Change to timing of recognition rule applicable to aid for hiring young people in the farming business [**VIEW MORE**](https://www.garrigues.com/en_GB/new/tax-newsletter-march-2020-legislation) ### **Miscellaneous** - [Start of public consultation period on new environmental taxes](https://www.garrigues.com/en_GB/new/start-public-consultation-period-new-environmental-taxes) [**VIEW MORE**](https://www.garrigues.com/en_GB/new/start-public-consultation-period-new-environmental-taxes) [Tax](/en_GB/tags/tax), [Spain](/en_GB/tags/spain) ### Contact ![Eduardo Abad Valdenebro - Garrigues](/sites/default/files/styles/medium/public/team/photo/Eduardo_Abad_Valdenebro_en_20260611.jpg?itok=XJmuqiG8) [Eduardo Abad](/en_GB/team/eduardo-abad-valdenebro) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) [Find more professionals](../team) ### Related services - [Tax ](/en_GB/services/tax) - ## Find a publication - [Administrative and Constitutional Law](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1422) - [Agribusiness and Food](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1417) - [Automotive](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1419) - [Banking and Finance](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1443) - [Corporate and M&A](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1441) - [Corporate Governance and Sustainable Development](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A12823) - [Criminal Law and Internal Investigations](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1434) - [Data Economy, Privacy and Cybersecurity](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A10913) - [Dispute Resolution: Litigation and Arbitration](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1412) - [Energy](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A10916) - [EU and Antitrust Law](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1416) - [Family Business](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1413) - [Fashion Law](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1435) - [Financial Regulation](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A10915) - [G-advisory](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A12821) - [Human Capital Services](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1431) - [Infrastructure](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A10914) - [Insurance](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1438) - [Intellectual Property](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1421) - [Labor and Employment](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1424) - [Life Sciences and Healthcare](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1429) - [Media and Entertainment](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1433) - [Planning, Zoning and Environment](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1444) - [Private Equity](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1439) - [Real Estate](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A10927) - [Restructuring and Insolvency](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1420) - [Securities Markets](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1442) - [Sports](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1430) - [Startups & Open innovation](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1426) - [Sustainability](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A10921) - [Tax](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1425) - [Technology, Communications and Digital](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1436) - [Tourism and Hotels](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1432) - [Transport, Logistics and Shipping](/en_GB/markdownify/node/7937?f%5B0%5D=service%3A1428) Facet Services detail - [Publications](/en_GB/markdownify/node/7937?f%5B0%5D=publication_type%3A794) - [Newsletters](/en_GB/markdownify/node/7937?f%5B0%5D=publication_type%3A107) - [Garrigues collection](/en_GB/markdownify/node/7937?f%5B0%5D=publication_type%3A101) - [Laws: amendments at a glance](/en_GB/markdownify/node/7937?f%5B0%5D=publication_type%3A104) - [News](/en_GB/markdownify/node/7937?f%5B0%5D=publication_type%3A105) Facet Publication type detail Min Max ## News search engine