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…
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 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,…
As we mentioned a few days ago, the Andalusian government, led by Juanma Moreno, announced new tax measures for Andalusians. On 21 September 2022, Decree-Law 7/2022 of 20 September was published in the Official Gazette of the Andalusian Regional Government, amending Law 5/2021 of 20 October on Taxes Assigned by the Autonomous Community of Andalusia,…
Juanma Moreno, president of the Junta de Andalucía, has announced the abolition of the Wealth Tax. On the one hand, in the coming days, the regional government intends to abolish the wealth tax in Andalusia by subsidising it by 100%, as has already been done in the Community of Madrid, in an attempt to reduce…
Dear clients: We are contacting you to inform you that we have recently made a change in our corporate image, becoming MDG Advisors. Due to the growth we have experienced in the last few years not only nationally but also internationally, the new brand aims to respond to this development in a global…
On 1 July, Law 12/2022 of 30 June came into force in the Official State Gazette (BOE), regulating the promotion of occupational pension plans, which brings with it a series of tax implications, both in Income and Corporate Income Tax, as well as in Wealth Tax. What are these tax implications? – Personal income tax:…
Recently, the Tax Agency has approved two new forms, 172 and 173, in order to carry out a more exhaustive monitoring of the traffic of virtual currencies and their declaration. Both forms are for the informative declaration of virtual currency balances (172) and for the informative declaration of transactions with virtual currencies (173). The filing…
For years, virtual currencies, also known as cryptocurrencies, have been increasingly present in different transactions in national and/or international commerce and have always been exempt from taxation. However, one of the new features of the 2021 income tax return is the declaration of cryptocurrencies through a specific box for this purpose, thus raising various questions…
