MDG ADVISORS APPROVES ITS CODE OF ETHICS.

Today, MDG Advisors has approved its Code of Ethics where all the principles and values on which MDG’s corporate culture is based and through which its employees and other related parties relate to each other have been gathered. This is the materialisation and development of MDG’s entire philosophy and good governance, which has been implemented…

Information Note 27/2022

On 24 December 2022, Law 31/2022 on the General State Budget was published in the Official State Gazette (BOE), which includes tax modifications, such as: A) Personal Income Tax: – With regard to reductions, the amount for obtaining earned income is increased for certain income thresholds. Also, economically dependent self-employed workers are increased in 2…

The new Excise Tax on Plastic Packaging

From 1st January 2023 in Spain there will be a special tax on non-reusable plastic packaging, whether it is presented empty or whether it is presented as containing, protecting, handling, distributing and presenting goods. Non-reusable packaging containing plastic is included to the extent that it is designed to contain, protect, handle, distribute and present goods,…

Technology and AI as a means for the development of transfer pricing

“Technology facilitates best practices for compliance regimes in the development of transfer pricing”   These tools significantly help in price fixing between companies   The use of technology in transfer pricing Technology is now an important part of the business growth of multinational groups. The Organisation for Economic Co-operation and Development (OECD) established last year…

Congress approves Startups Law

“The approval of the new Startup Law will mark a turning point in the sector and a turning point for the future”   What is the main news of this recent measure? Following the approval in the Spanish Congress of Deputies on 2 December 2022 of the Law for the Promotion of the Emerging Companies…