We will post updates in Spanish law that our customers should keep an eye on. For more information, check out the following page where legal updates are frequently published
Updates to the tax treaty between Spain and India
A tax treaty has existed between Spain and India since 1995 (it came into force in 1995), but has since been amended in 2012. The treaty aims to avoid double taxation and tax evasion. A key amendment concerns the taxes included in the treaty. With re...
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For how long do I keep original invoices of my business?
If you have a business in Spain and wish to stop trading, keep an eye on your original invoices for at least 6 years! The Spanish Tax Office has the right to review your tax forms for a long period of time and they are free to request original invoices fo...
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New taxes in Spain due shortly!
El Consell de la Generalitat (the Valencian Autonomous Government) has just drafted a Bill where property Transfer Tax (tax which is paid for purchasing properties) will be increased by 1 %. Instead of paying 7% for re-sale properties in Valencia, purchas...
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