Tax Relief for Transferring a Family Business in Catalonia
Transferring a family business in Catalonia can benefit from significant tax reductions, especially in the Inheritance and Gift Tax (ISD). One of the most notable is the 95% reduction in the ISD tax base, designed to facilitate the continuity of family businesses and...
Succession Pact Vs. Donation: Which Option Is Best for You to Pass on Your Business to the Next Generation?
Passing on a family business to the next generation is a momentous decision that involves not only emotional and legacy aspects but also significant legal and tax considerations.In Spain, two of the most commonly used tools to facilitate this transition are the...
What is a Capital Partner
Bringing in a capital partner has become a key strategy for driving growth and innovation in a company. This figure, who provides financial resources without direct involvement in the company’s day-to-day management, allows companies to diversify their sources...
Recent Changes to Transfer Tax and Stamp Duty in Catalonia
In Catalonia, several amendments have recently been approved concerning the Transfer Tax and Stamp Duty (“ITPAJD”), particularly about real estate transactions. These changes are highly relevant from a business perspective. Regarding the Transfer Tax (TPO modality):...