News

Large Fortunes Tax

impuesto grandes fortunas
Fiscal News

In November 2022, the Government made public the draft of the so called “Large Fortunes Tax” whose
articles have been incorporated into the Bill for the establishment of temporary energy tax and
credit entities tax.

The novelties in terms of wealth taxation proposed by the Coalition Government (PSOE and UP) not
only foresees the creation of this new Tax on Large Fortunes but also includes an important
amendment to the Wealth Tax rules that will have a very significant impact on foreign corporate
structures holding real estate assets located in Spain.

According to the Government’s plans, both the modification of the Wealth Tax and the approval of
the Tax on Large Fortunes are intended to be adopted before December 31, 2022, meaning that
both taxes will become due and payable by June 2023.

Therefore, it is urgent to review your holding structure or your current position before the end of
the year in order to determine whether or not, and to what extent, these changes in taxation affect
you

Read more Information

novedades_irpf_2023

Income Tax (IRPF) updates 2023

We review the main updates affecting the Personal Income Tax (IRPF) declaration for the 2023…
información fiscal de empresas y sociedades

Tax Content in a Company´s Annual Report: ¿Should I Include It?

THE IMPORTANCE OF INCLUDING TAX CONTENT IN THE ANNUAL REPOR As a general rule, companies…

Transferring the registered office of a foreign company to Spain

Royal Decree-Law 5/2023 transposes several European Union Directives on structural modifications, regulating both the transfer…

New developments in the notification of lawsuits to companies by telematic means

RD-Law 6/2023 of 19 December has entered into force this week, on 20 March 2024.…
Menu