Publications - Accounting Law
The General State Budget Law for 2012 was published in the Official State Gazette on June 30, 2012 (Law 2/2012, of June 29, 2012). We summarize below the main new changes contained in that law, in particular those made in the areas of tax, labor,…
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…
Garrigues is pleased to present its ninth issue of “News”. Prepared by our New York office, “News” highlights Spanish legal and tax issues that may be of interest to you or your clients. In this issue, we take special attention to the new measures…
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…
Garrigues is pleased to present its eighth issue of “News”. Prepared by our New York office, “News” highlights Spanish legal and tax issues that may be of interest to you or your clients. In this issue, we take special attention to the Spanish…
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…
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…
New Legislation in Spain and Portugal
CORPORATE INCOME TAX PREPAYMENT FOR APRIL 2012
TAX NEWS – ROYAL DECREE-LAW 12/2012
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…
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…