Publications - Tax
Tax Newsletter - December 2019
Wealth tax renewed for 2020 and other tax measures
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.
Inheritances below one million euros not taxable in Galicia starting in 2020 (and other new measures)
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…
Tax Newsletter - November 2019
Sports & Entertainment Magazine - November 2019
Magazine of the Sports & Entertainment industry corresponding to the last quarter focusing on tax and legal matters of interest in the field of Sports.
Minimum severance payment for termination of a senior manager's employment is also exempt
Supreme Court has concluded in a judgment on November 5, 2019 (appeal 2727/2017) that severance paid to senior managers for termination of their employment by unilateral decision of the employer at seven days per year of service with a limit of…
According to the CJEU, the higher tax for dividends received by foreign pension funds is in breach of the Treaty
The Court of Justice of the European Union has held that the higher taxation on dividends received by pension funds resident in third countries in comparison with the exemption applicable to resident funds is an unjustified infringement of free…
Transfer pricing: here’s what the rules in Latin America look like
Here is a summary of the transfer pricing rules in Brazil, Chile, Colombia, Mexico and Peru.
Tax Newsletter - October 2019
Simplex +: Portugal simplifies invoices
The Simplex + program aims to reduce bureaucracy and streamline the issuance and archive of invoices procedures.
Deadline to inform the tax authorities about the establishments where invoices are issued was extended to 30/06/2020
As mentioned before, SIMPLEX+ Program created a new obligation of communication that VAT taxpayers have to comply, electronically, in order to inform the Portuguese tax authorities (“PTA”) about their establishments where invoices are…
The new Protocol of the Spain-US tax treaty has been published in the Official State Gazette
The new tax treaty will take effect on 27 November 2019.