Why is the best time to make the regularisation now, before the regulation becomes final? Last January, the Court of Justice of the European Union ruled that both Form 720, where assets and rights located abroad are declared, and the penalty system derived from it, were contrary to EU law, as they impose an excessive…
As we previously mentioned in our blog, on 13 March 2021 the International Taxation and Double Taxation Agreement between Spain and the United Kingdom in relation to Gibraltar was approved, marking a turning point in the tax treatment of individuals and legal entities that have a tax relationship with Gibraltar. The agreement, which came into…
Leticia Cayuela, partner of the Tax & QC area is appointed member of the Board of National Experts of the Spanish Association of Tax Advisors (AEDAF). The AEDAF is a group of tax advisors at a national level who value the best fiscal and tax tools in order to provide the maximum experience to the…
MDG Advisors continues its expansion by appointing Leticia Cayuela Mayor as a partner in the Tax and Quality Control area. Leticia has a degree in Business Studies from the University of Almeria, and a degree in Economics from the University of Malaga. She furthered her academic training with a Master’s Degree in Finance, Banking and…
Recently, from MDG Asesores we have won a new case against the Regional Economic Administrative Court (hereinafter, TEAR) in relation to the deadlines that the Tax Agency has to notify the taxpayer and its challenge. In this specific case, on 15/05/2020, a deferral was requested for the payment of Non-Resident Tax in relation to the…
The Court of Justice of the European Union (CJEU) has declared illegal the regulation of the Model 720, which obliges taxpayers to declare assets abroad that exceed the amount of €50,000. The CJEU understands that, despite being a purely informative model, there are several legal issues that call it into question, which are as follows:…