Tax Impact of the Solidarity Tax on Non-residents

Main issues for non-residents The Solidarity Tax is a major setback for large fortunes. In particular, in this text, we will focus on those aspects related to non-residents and how they are affected by the application of this new tax that is currently being debated in Congress. By way of introduction, we believe we should…

Solidarity Tax on Large Fortunes

“Spain’s large fortunes will have to contribute more to alleviate the energy and inflation crisis”   Will the application of the Solidarity Tax on Large Fortunes really be effective?   The object of the tax and its temporal scope The regulation of this tax is aimed at directly improving the country’s economic position. Introduced on…

The Government approves the Startups Law in Congress

Last Thursday, November 3, 2022, the Government of Spain approved the Startups Law, a law that may come to place the country at the forefront in attracting investors. It includes important tax measures and relaxes procedures to encourage the creation of and investment in startups in the technology sector. It favors the establishment of teleworkers…

LAW 18/2022 ON THE CREATION AND GROWTH OF COMPANIES.

On September 29, 2022, Law 18/2022 on the Creation and Growth of Companies was published, which comes into force on October 19, 2022. We can say that it modifies and adds new regulations, to: The regulation to create a RSC (Limited Liability Company): with a share capital of one euro, introducing reforms to facilitate its…

NEW FISCAL MEASURES FOR NEXT YEAR

NEW FISCAL MEASURES FOR NEXT YEAR   Last Thursday, the central government announced a package of fiscal and tax measures for next year 2023, which we will now highlight: Wealth: The intention is to legislate a new tax on the country’s great wealth, provided that the net worth is more than 3 million euros. Thus,…