Law 11/2018, of December 28, modifies the content of the Capital Companies Act, the Commercial Code and the account auditing law. The most significant modifications are the following: Modifications in the law of capital companies Modification in the accreditation of the reality of the contributions This new wording implies that, as of the date, it…

Corporate Tax taxpayers have the obligation to value the transactions done between related parties at the market value. Non-compliance with these evaluation rules was subject to a specific sanctioning regime regulated in article 16.10 of the Income Tax Law (“Real Decreto Legislativo” 4/2004) that establishes the penalties to be applied when the documents are not…

To incorporate a subsidiary in Spain or in any other location of Spain requires to create an entity with its own legal status, despite that the parent company contributes with the share capital and with the management of the subsidiary. It should not be forgotten that a subsidiary is an independent legal entity (with its…

As we explained in our basic guide on Corporate Tax in Spain, if your company has benefits or has a high invoicing should present the 202 Form, in addition to the annual statement using the 200 Form. In this article we will explain what this model is for, the terms you have, the instructions to…

With the internationalization of the economy in recent decades, various mechanisms have been established to avoid double taxation in the domestic legislation of each country, in addition to have signed different Double Taxation Treaties. One of these methods is the deduction for international double taxation of Corporate Tax, which can be legal or economic depending…