Property Valuation and Tax Consequences
Today, I want to talk about a topic that often creates confusion, as the criteria vary depending on the type of tax: the valuation of real estate assets. To the disparity of valuation methods, we must add that, since 2022, the Spanish Cadastre publishes the so-called...
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...