GM TAX CONSULTANCY
Tax consultancy located in Barcelona specialising in tax advice and tax planning both nationally and internationally.
Experts in Tax, Accounting and Legal Advice in Barcelona
Dedicated to providing the best comprehensive advice on tax, accounting and legal matters.
Accounting Services
Preparation of specialized reports and Business Plans and accounting and financial assessment.
GM TAX CONSULTANCY, S.L. is a firm whose main activity is tax advice and planning both within Spain and internationally. Our purpose is to give our clients an integrated service that not only plans but also carries out any necessary procedures to facilitate the client.
Our lawyers are members of the Colegio de Abogados de Barcelona and are specialized in tax law, accounting, and legal advice.
QUALITY
The experience of our experts offers you a quality service.
PROXIMITY
Taking care of the treatment and relationship with the client is our priority.
AGILITY
A fundamental value in the business world in which we operate.
COMMITMENT
We believe in what we do and we are fully involved in our work.
We look forward to seeing you at our Barcelona law firm.
Remember: Restrictions do not prevent you from attending the office for legal matters.
We have at your disposal a telephone and videoconference service.
Tax News
Shareholder Agreements: Advantages, Elements
The shareholder agreement is a contract under private law in which all or some of the shareholders of a company determine their rights...
Real estate contract: Types and characteristics
Real estate can be a complicated industry; there are many details to consider before you can move into a new home. Before a home buyer...
Personal Income Tax Return for a Deceased Person
The Personal Income Tax return for a deceased person is the tax return filed for an individual in the year of death. Generally, the...
An Overview of Intellectual Property Contracts
An Intellectual Property agreement is one of the most common types of commercial contracts. When employees make inventions in the course...
FAQs
Does the new ruling of the EUCJ on Form 720 imply the elimination of the Form? Am I no longer required to file?
No, the form must be submitted anyway. The only thing that the Spanish government will have to modify based on this ruling is the graduation of the sanctions of this form and the prescription of profits derived from assets and rights abroad.
If I received a sanction for Form 720 or I am currently with an open sanctioning file, can I invoke this ruling of the EUCJ?
Yes, this ruling is effective from the time the rule that approved Form 720 came into force, therefore, you can appeal the sanction based on this ruling.
Does the EUCJ ruling on Form 720 imply the immediate repeal of the Spanish regulations that regulate this form?
No, the EUCJ ruling establishes that the Spanish regulations are disproportionate in terms of specific aspects of form 720 (grading of sanctions and prescription), but the Spanish government must soon amend the regulations to adapt to EU case law.
If I have cryptocurrencies, am I obliged to submit Form 720? Does the new EUCJ ruling affect the incorporation of cryptocurrencies into this form in any way?
Since this year, Form 720 incorporates cryptocurrencies as a new category to declare, to which the same thresholds are applied. Therefore, if on 12/31/2021 you had more than €50,000 in cryptocurrencies in exchanges outside of Spain, you must include them in the form. Again, this ruling of the EUCJ does not modify the obligation to declare cryptocurrencies, but only the possible sanctions that could be derived.
