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Accounting | Tax | HR | LegalAs of April paternity leave in Spain has been extended
Prior to this, fathers were able to enjoy a paternity leave in Spain of a maximum of six weeks following the birth of a child, but with the entry into force of Royal Decree Law 8/2019, of 8 March on urgent measures relating to social protection and the fight against irregular working hours, paternity leave in Spain was extended to eight weeks as of April 2019.
Record of working hours in Spain
As of 12 May 2019 all companies must ensure that they keep a record of working hours in Spain – a daily record of hours worked by their employees. This record must include the exact start and end times of the working day.
Taxes on long-term vehicles rental in Spain
A growing number of companies and self-employed workers are choosing long-term rentals in order to lower costs and not have to buy certain goods. Vehicles are the most popular assets to long-term vehicles rental in Spain.
European Union Anti-Tax Avoidance Directive
The European Union’s (EU) anti-tax avoidance directive introduces five measures combatting aggressive tax planning which are legally-binding on Member States.
Comprehensive Protection of Whistleblowers – Proposal of the European Commission
Whistleblowers assist in detecting and preventing corruption, however comprehensive protection of whistleblowers laws are needed. The European Commission proposed comprehensive laws which are currently under consideration.
Issues Posed by Cryptocurrency for Tax Authorities
Cryptocurrency for Tax Authorities: The current cryptocurrency taxation approaches vary widely between countries. This is concerning as cryptocurrency poses concerns of tax evasion, which tax authorities are vulnerable to due to large discrepancies between countries’ cryptocurrency tax regulations.
New corporate tax measures in Spain introduced in the General State Budget Law 2018
New corporate tax measures in Spain: General State Budget Law 2018 introduces reduction of income for intangible assets, tax credits for investments in entertainment productions, auditing powers and more.
Company Laws in the EU: An Overview of the European Commission’s Proposed Improvements
The European Union has agreed to new rules to improve the cross-border company tax law processes (company laws in the EU). These changes aim is to improve EU company’s ability to move freely between Member States in a single market.
Inheritance Tax in Spain Explained for Foreigners
In 2015 the European Union introduced regulations enabling EU citizens living in Spain to nominate their home laws or Spanish laws to apply to their estate. It refers to the inheritance tax in Spain as well.
European Union Agrees to Implement Sale of Goods Directive
On 7 December 2018, the European Union agreed to a more unified sale of goods directive. The aim of the directive is to provide uniform laws, covering all channels of sales, that is clearer for companies and consumers.