Spain
12-31-2019
The Directorate General for Taxes (DGT) has concluded that the accelerated amortization system may be used in the regime for companies of a reduced size, though only for goodwill and for intangibles with useful lives that cannot be reliably estimated.
01-14-2020
The Spanish National Securities Market Commission (CNMV) informed on January 13, 2020 of its decision to render ineffective the criteria addressed to issuers of securities for their discretionary treasury stock transactions, published in 2013. These criteria consisted of a number of recommendations on trading conditions and transparency when carrying out discretionary treasury stock transactions (not performed within buy-back programs or under liquidity contracts).
01-13-2020
With a total of 136 deals amounting to 17,994 million euros, the firm leads the TTR ranking in terms of value and number of deals
12-30-2019
On December 27, 2019 the Official Galicia Gazette published Law 7/2019, of December 23, 2019, on tax and administrative measures for the autonomous community of Galicia, introducing measures related to devolved taxes and coming into force on January 1, 2020.
12-30-2019
On December 27 the council of ministers approved Royal Decree-Law 18/2019 (published in the Official State Gazette on December 28 and in force a day later) adopting tax and cadastral measures along the same lines as in previous years.