The Spanish Tax Agency is working on two tax forms to declare digital currencies to the tax authorities. These are the ‘Modelo 172’, an informative model in order to declare balances, and ‘Modelo 173’, an informative model for the declaration of crypto transactions. The ministry recently introduced new...
Read More
The ‘digital nomad’ was an unknown concept until a few years ago. Today it is an increasingly common professional profile. But what about paying taxes for this growing group of professionals? With the digitization of the economy, new business models require little or no physical presence in the...
Whoever owns art should always make sure to keep all the papers relating to value and ownership. At the time of sale, you want to make sure you don’t end up paying tax on the entire sale price. Normally, residents of Spain who sell art works pay taxes according...
Companies in Spain that sponsor sports talent can save up to 90% of the sponsor amount on their corporation tax! Interesting for both brand awareness and finances, but only suitable for companies with large budgets. We explain how it works and for those interested, we’ll introduce a talent. Imagine:...
If you are considering making a structural contribution to non-profit organizations, the Spanish tax system offers opportunities to do something for society. This applies to both large and smaller contributions. In the world of charity, everything is welcome, and many a little makes a mickle. Make the...
The Spanish tax authorities want to reward tax advisers who inform about violations and tax evasion with preferential treatment. For this purpose the tax authorities have presented a Code of Best Tax Practices to associations for tax advisers. The endorsement of the code is voluntary. Tax authorities are...
The Spanish tax authorities have again created a bonus of 95 million euros as part of the “Special Increase Inspection Plan” for 2019. – Target: 150 billion income tax and IVA The amount of money rewarded by the Spanish tax authorities is the same as in 2018, but in...
Do you want everything to go well? Start now and submit your data before 6 May – Download our free English brochure Tax Returns Spain: click here for ‘what to do, what to declare and what does it cost me?’ English, for free, complete and easy to read. –...