Specific transfer pricing documentation in Spain
The information contained in the documentation to be made available to the taxpayer in the event of a request from the Tax Agency, varies depending on the net turnover of the companies.
New definition of Digital Permanent Establishment – digital economy taxation
On 21 March 2018, the European Commission put forward a proposal for a Community Directive to regulate the taxation of companies with a significant digital presence and adapt the concept of Permanent Establishment to the Digital sphere (Digital Permanent Establishment).
Residence permit and work permit in Spain
The publication of Law 14/2013 of 27 September on entrepreneur support and internationalisation, amended in 2015 by Law 25/2015 of 28 July on second chance mechanisms, introduced major changes in the field of residency procedure, speeding up the application procedures for residence permits and work permit in Spain.
Golden Visa in Spain – Investment in Real Estate
With the entering into force of Law 14/2013 of 27 September, on entrepreneur support and internationalisation, and for the purpose of attracting investment and talent to Spain, the requirements for work permit and residence permit applications have been made more flexible. The law provides for the granting of a Golden Visa in Spain through an investment in real estate equal to or exceeding €500,000 free of charges and tax.
Special exemption scheme – dividends in Spain
When a directly owned enterprise has the status of holding company according to the exemption scheme to avoid double taxation, the income from which dividends in Spain are distributed must meet the “minimum tax” requirement.