Mbappé Law: New Tax Incentive in The Community of Madrid

The Community of Madrid has approved a new tax incentive, known as the Mbappé Law, which aims to attract investment and new high-net-worth residents. This benefit allows for a 20% deduction on personal income tax (IRPF) on certain investments made by new residents of...

How to pay less taxes limited company

Limited companies in Spain have several legal options to reduce their tax burden. The following are some of the most effective strategies: Taking advantage of tax deductions Companies can benefit from several deductions to reduce corporate income tax: Deduction for...

Deductibility of housing expenses in VAT and Personal Income Tax for self-employed workers

PIMEC and the Minister of Economy and Finance, Alícia Romero, met to discuss measures to promote the growth of micro, small, and medium-sized enterprises in Catalonia. During the meeting, they agreed to establish working groups to improve the tax system and facilitate...

How to tax artistic crowdfunding

PIMEC and the Minister of Economy and Finance, Alícia Romero, met to discuss measures to promote the growth of micro, small, and medium-sized enterprises in Catalonia. During the meeting, they agreed to establish working groups to improve the tax system and facilitate...

What is Tax Optimization?

Tax optimization is a strategic process that seeks to maximize the efficiency of your tax management. This process involves the strategic organization of financial affairs and the structuring of transactions taking advantage of all opportunities allowed by law to...

Depreciation of used assets

Depreciation of used assets requires special attention. It is essential to define what is meant by used assets and to identify them correctly. This term refers to assets that have already been used previously. In the specific case of real estate, in order to be...