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How Does VAT Work for Holiday Rentals?

We are currently experiencing a boom in the rental of so-called “holiday apartments”, caused by the increase in tourists and the tourist sector in general that Spain is suffering. There are many doubts surrounding the taxation of this type of rental, so, in this post, with the help of our tax lawyers, we’re going to […]

Shareholders’ Contribution as a “Donation” to the Company

Did you know that you can donate money or assets to a trading company? Have you ever thought that it would be good to strengthen your company’s assets but you weren’t sure how to do it? In this article we explain in which situations and under what circumstances you can make donations to trading companies. […]

LEGAL, TAX AND EXTRAORDINARY PERSONAL MEASURES ADOPTED BY THE GOVERNMENT ON 17 MARCH 2020 TO PALLIATE THE EFFECTS OF CORANAVIRUS (COVID-19)

1.      PURPOSE OF THE DOCUMENT We issue a new extraordinary note to inform all our clients firsthand about the measures that the Government of Spain has taken to palliate the coronavirus crisis, published on 18 March 2020. These measures attend to business, labor, tax and personal aspects of all Spanish people. Support measures for the […]

BREXIT: In what situation are British citizens residing in Spain?

Is it necessary to carry out a procedure to regularize their situation in Spain? On January 31, 2020, the United Kingdom left the European Union and, with it, endless questions about the consequences that this will entail, not only for residents of the European Union in the United Kingdom, but also for those British who […]

Are you ready for BREXIT?

Tax consequences of the United Kingdom leaving the European Union without agreement next October 31st, 2019 Next October31st, 2019, the United Kingdom´s exit from the European Union will become effective in the known as “Hard Brexit”, and this State will be considered a “third country” for the purposes of the European Community regulations, unless a […]

How does the new Andalusian regulations impact me regarding donations and inheritances if I am a non-resident?

A few months ago, we already explained in a post the tax changes that had been approved in Andalucía, under the Decree-Law 1/2019, of 9th April, which modifies the refunded text of the dictated provisions by the Andalusian Autonomous Community in matters of ceded taxes, approved by the Legislative Decree 1/2018 of 19th June. This modification […]

Regulation (EU) of succession How can it affect me?

On August 17, 2015, the Regulation (EU) 650/2012, of 4 July 2012 of succession came into effect to regulate successions due to causes of death in which an international element is present. Therefore, when would be this Regulation applicable? The Regulation would be applicable in those successions where the deceased resides in a different State […]

The Value of Leasing in Holding Companies

Operations with Related Shareholders and Valued at Market Price · Holding Company: Article 5 of the Corporate Income Tax Law defines a holding company as a company in which more than half of its assets are composed of securities or of other assets not related to an economic activity. Moreover, the Law clarifies that, in […]

The law firm Ruiz Ballesteros absorbs Carrillo Asesores

Jesús Ruiz Ballesteros y Juan Carrillo en la firma pública para la absorción de Juan Carrillo y Asesores SL por parte del despacho Ruiz Ballesteros Abogados y Asesores Fiscales

Ruiz Ballesteros Abogados y Economistas has signed today the public deed absorbing the Marbella Carrillo Asesores. Thanks to this operation, the office increases its turnover by 50%, the staff by 33% and customer base by 97%. In this way, Ruiz Ballesteros enters into business activities such as, cars rental, motor, automobile sector, decoration and construction. […]

“Plusvalía Municipal” is declared null when there is no benefit in transmission

Since the creation of this “Plusvalía Municipal” tax, there is an obligation to tax the profits obtained on the sale of real estate, it is paid whether a profit or not has been made on the sale of the property. However, on last Thursday May 11th, 2017, it was agreed to declare this law unconstitutional […]