Publications

ROYAL DECREE 1619/2012, OF NOVEMBER 30, 2012, APPROVING THE REGULATIONS ON INVOICING OBLIGATIONS

Lately, we have seen a strong focus by the Spanish government and lawmakers on fighting tax fraud, both at home and abroad. A wide range of measures are being adopted (i) on the one hand, to encourage taxpayers to disclose unreported assets, through…

The process of decentralization and of promoting the ability of the municipal and autonomous community authorities to create and define their own taxes has led to the approval of new forms of taxation in recent years. In some cases, this has…

In Royal Decree-Law 20/2012, of July 13, 2012, the Government finally approved the expected increase in the standard and reduced value added tax (VAT) rates (with the VAT rate charged on  certain goods and services also being increased from the…

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

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…