In recent years, Malaga has established itself as one of the most attractive destinations for expatriates from all over the world. According to a study published by Internations, an expat website with more than 5 million users, Malaga has been voted the best expat destination worldwide. From its vibrant cultural life and enviable climate to…
What is the Non-Resident Income Tax without permanent establishment? The Non-Resident Income Tax is a tax that levies the incomes obtained in Spanish territory by individuals or entities that are not residents in Spain and do not operate through a permanent establishment. This tax is declared through Form 210: a tax form that must be…
Business Malaga is benefiting from the demand for services in the technology sector Consultancies, law firms, international schools, offices, furniture shops and real estate agencies are growing in the heat of this specific clientele. Technological Malaga is a reality that is more than established in the local economy and can be seen from different perspectives.…
When a taxpayer fails to pay their tax debts within the voluntary period, the tax authorities have several options to seize assets and ensure forced collection. One of the most common tools in recent years is the seizure of credits. Credit seizure procedures not only have an economic impact on the debtor but also commercial…
In Spain, according to the provisions of article 44 of Law 5/2021, individuals or legal entities that acquire a property to use it for their economic activity and include it in their current assets can benefit from the reduced rate of 2% of the Transfer Tax (ITP), instead of the general rate of 7%. This…
In the world of taxes, the Tax on Economic Activities occupies a special place in Spain. This local tax is levied on the exercise of business, professional or artistic activities. Therefore, if you are doing business in Spanish territory, the IAE is something you should be aware of. Entities with a net turnover of €1,000,000…
Today, the new tax reform is being debated in Congress, which may bring with it important measures for taxpayers who are affected by it, in the event of its final approval in the Plenary. Among the measures that have been debated in this tax reform, the following stand out: a) Tax cuts for SMEs and…
The devastating effects of the DANA that affected several municipalities in Spain have led to the adoption of a series of fiscal measures by the government. The measures were approved by Royal Decree-Laws 6/2024 of 5 November and 7/2024 of 11 November. The main provisions that have been implemented to support the self- employed, companies…
For some days now, Congress has been debating the introduction of a new tax: the tax on large inheritances. The party SUMAR has brought the debate to the table of the Congress, demanding the approval of this new tax as a fundamental requirement to give its support to the Government in the approval of the…
After finishing the third tax quarter and already with a view to complying with the census obligations that November brings with it with the Tax Agency and checking the obligations entailed by Form 232 – Informative declaration of related transactions and of transactions and situations related to countries or territories qualified as tax havens, we…