Publications - Accounting Law
Tourism is, without a shadow of the doubt, one of the activities with the greatest export potential for the Portuguese economy. Recent years have confirmed the resilience of the tourism sector and its importance in helping to overcome the difficult…
Foreign investment is an essential factor for the development of the real estate market of any country. Portugal is no exception. The time we’re going through now is a turning point (in the positive sense), albeit with a market reacting in two gears…
LAW 14/2013 OF SEPTEMBER 27, ON SUPPORT TO ENTREPRENEURS AND THEIR INTERNATIONALIZATION: MEASURES AIMED AT FACILITATING THE ENTRY AND STAY IN SPAIN OF NON-EU FOREIGN INVESTORS WHO WISH TO ACQUIRE REAL ESTATE (GOLDEN VISA)
We are pleased to deliver Newsletter of the Warsaw Office of Garrigues, where topics relevant for the business activity are discussed. We present and discuss planned and introduced changes in the law and practice of law enforcement and…
Spain launched a very particular type of REIT in 2009, the SOCIMI (“Sociedades Cotizadas de Inversión en el Mercado Inmobiliario” or “Listed Corporations for Investment in the Real Estate Market”), with a tax regime that was very different from any…
On January 14, 2012, Mr. Montoro, the Spanish Minister of Finance, and Mr Alan Solomont, Ambassador of the United States of America in Spain have signed a Protocol amending the Double Taxation Convention 1990.
NEW TAX LEGISLATION IN THE BUDGET LAW FOR 2013 AND IN THE TAX MEASURES LAW
It is not all bad news in the area of real estate taxation in Spain. It is true that the Spanish Government has been forced, by pressure from Brussels, to raise the VAT rate on residential property from the current 4% to 10% starting next year. It…
FINANCE COSTS: RULING BY THE DIRECTORATE-GENERAL OF TAXES OF JULY 16, 2012