This service is in collaboration with several foreign firms, considering the state of origin and destination for investment.
In such a globalized economy today, where any company has customers and suppliers abroad, it is essential to have the ability to carry out operations in the international area with maximum legal certainty and with the lowest possible tax cost attending the tax relief if it is applicable.
Also in cross-boarding transactions, the financial transaction tax and tax costs are one of the main aspects to be considered.
In this area is where the international tax planning schemes that minimize the tax burden associated with operations in other territories, emphasizing especially the role of agreements to avoid double taxation as well as multilateral agreements (Directives European) Union, indirect taxation, and the Community Directives on the tariff and value-added tax, the indirect tax matters. Thorough knowledge of these rules and determining as applicable to the specific reality of each company, attending to the country of origin or destination of investment, constitute essential elements for maximum reduction of the tax burden that affects every business.
Spanish investment abroad:
Establishing the optimal legal and tax structure (taking into account the objective of the investment), implementation and monitoring of the investment thereof (in coordination with our foreign partners). With special regards to Modelo 720.
Foreign investment in Spain:
Analysis of existing alternatives depending on the objectives, determining the best legal alternative and fiscal investment execution, monitoring and enforcement thereof formal investment obligations.
Tax return services.
Analysis of specific operations, the alternative approach of tax optimization by the state of residence, drafting of the corresponding declarations and monitoring of compliance with administrative and tax obligations in the Spanish State.
International tax planning:
Alternative tax optimization of certain operations and/or investments, treatment of savings taxations, treatment of transfer pricing, or operations in tax havens.
International tax advice for individuals.
Frequently asked questions
What does an international tax advisor do?
An international tax advisor deals, among other things, with international mergers, company sales and the organisation of employee assignments. If a tax advisor also has the appropriate language skills, clients can benefit greatly from working with the expert.
How much does a tax advisor cost?
Depending on the service and the value of the matter, the ordinance specifies a minimum and a maximum rate. The fee charged may not be below or above these two values. However, since the difference between the two values can amount to several thousand euros, there is no simple answer to the question of what a tax advisor costs.
Many tax advisors orientate themselves on the so-called average fee. This is - as can be assumed - exactly the middle of these two values.
When should I get a tax advisor?
If you hire employees or have to prepare annual financial statements in the form of a balance sheet due to the legal form of your company, the advice of a tax advisor is usually indispensable. Whether with or without a tax advisor, basic accounting skills are indispensable for every self-employed person.
What is international tax law?
The tax consequences of a cross-border situation in Spain are the subject of international tax law.
Cross-border situations are regulated in double taxation agreements (bilateral treaties), EU directives and EU regulations and Spanish individual tax laws (e.g. Income Tax Act, Corporation Tax Act).
In international tax law, the so-called territorial principle applies. This allows an individual state to tax the facts realised on its territory.
Corresponding to this principle are the source principle and the residence and domicile principle. Under the source principle, all sources of income and wealth located on the territory of a state are subject to taxation. The residence and domicile principle allows all persons to be subject to taxation who are located on the territory of the respective state.
The primary aim of international tax law is to avoid double taxation of an object or a person. In addition, the avoidance of tax evasion and the promotion of foreign investments are targeted.