Featured publications
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Portugal: Minimum monthly wage increases in 2025
Decree-Law no. 112/2024, of December 19th was publish on Portugal’s Official Gazette, ruling the minimum monthly wage’s increase to 870 euros, with effects from January 1st, 2025, onwards.
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The Spanish Supreme Court declares that it is not possible to increase compensation for unfair dismissal through the courts
It considers that article 56 of the Workers' Statute does not violate the provisions of article 10 of Convention No. 158 of the International Labor Organisation, the two provisions being compatible.
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Pillar 2 in Spain: Global Minimum Tax for large groups approved
We review its main characteristics and remind you of the aspects to which you should pay special attention.
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The EU sets out the basis for ESG ratings in finance
A new regulation introduces the requirements to be met by ESG rating providers as well as the regulated financial undertakings using them and seeks to enhance their reliability and comparability.
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Hospitality & Leisure Law BlogRevisiting the prohibition on tourism rentals by condominium law
The popularity in Spain of vacation rentals has been accompanied by a rise in litigation between the owners of tourist apartments and the condominium law of the buildings where those apartments are located. This litigation, initially concentrated in…
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Tax BlogReflections on expert evidence in tax proceedings
In recent rulings related to the deduction for R&D&i in Corporate Income Tax and for Hydrocarbon Tax, the Supreme Court offers important reflections on the value of expert evidence in tax proceedings and on the value of reports issued by…
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The CNMV and the ICAC publish a statement on sustainability reports in the interim before transposition of the CSRD Directive in Spain
They recommend preparing non-financial information statements in line with the new EU rules, without overlooking the Spanish corporate law rules in force
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Tax BlogThe Supreme Court of Spain delimits the binding scope of the reasoned report for the R&D&I deduction
The Supreme Court has confirmed that the reasoned reports are binding on the tax administration both in the classification of the activity and in the quantification of the basis for the deduction for tax years started before 2015. However, the issue…
Publications
Control of foreign investments in Spain: the transitional regime for investments made by EU and EFTA residents is extended until December 31, 2026
Foreign investments in Spain carried out by residents of the European Union and the Spanish Free Trade Association will continue to be subject to the prior authorization regime established in Article 7 bis of Law 19/2003.
Spain: Measures to improve the compatibility of retirement pensions with work, the extension of partial retirement in the manufacturing industry and other labor and social security innovations are approved
The regulations introduce several new features such as the modification of the partial retirement regime and relief contracts, the extension of partial retirement in the manufacturing industry until December 31, 2029, the extension of the Minimum…
Portugal: Minimum monthly wage is increased to € 915 in the Autonomous Region of Madeira in 2025
Foi publicado em Diário da República o Decreto Legislativo Regional n.º 20/2024/M, de 23 de dezembro, que determinou o aumento da retribuição mínima mensal garantida em vigor na Região Autónoma da Madeira para € 915,00, com efeitos a partir de…
Spain: The limitation on the offsetting of tax losses and the use of double taxation credits for large companies is again reduced and other tax modifications are introduced
Among others, a tax is created on the margin of interest and commissions of certain financial institutions, the savings tax rate is increased in the Personal Income Tax for taxable income over EUR 300,000 and an exemption is introduced for Personal…
Newsletters
Tax Newsletter - November 2024
Portugal Indirect Taxes Newsletter - N.º 2
Labor and Employment Newsletter - November 2024
Garrigues Sustainable Newsletter - October 2024
