WTS in Spain

The Supreme Court has recently ruled on the application of the exemption of dividends paid by Spanish entities to their parent companies in the European Union (EU) by virtue of the provisions of Article 14.1.h) of the Law on Non-Resident Income Tax (“LIRNR”).

As a result of the new amendments in Portugal, the contribution on single use packaging made of aluminium (or a multi-material containing aluminium) will apply from 1 September 2023.

The Spanish Government has approved several tax measures which have come into force in 2023.

The new Spanish tax on non-reusable plastic packaging came into effect on 1 January 2023. Several documents published by the Spanish tax authorities, as well as a ministerial order published in December 2022, provide new guidelines about compliance with this tax.

In July 2021, Law 11/2021 of 9 July was published in Spain, on measures to prevent and combat tax fraud.

The new Spanish Law on Waste and Contaminated Soils restricts the introduction of certain plastic products and establishes both a tax on single-use plastic to prevent waste generation and a tax on waste disposal and incineration.

The General State Budget of Spain that entered into force as of 1 January 2021 includes new relevant tax measures, especially with regard to Corporate Income Tax.

Our summary of R&D Incentives provides guidance where such incentives are provided, and who in WTS Global can support you to gain from these incentives for your business or individually the most.

On 24 February 2021, the Supreme Court ruled on the right to refund WHT levied on Spanish dividends obtained by foreign sovereign wealth funds (appeal no. 3829/2019).

Positive side-effects of data collection by the fiscal authorities can be seen in Spain providing pre-completed tax returns.

Our colleague from ARCO reports on two recent decisions of the Spanish Central Economic Administrative Court on the concept of beneficial ownership.

In Spain, the settlement of tax disputes in the European Union has been implemented into Spanish domestic law.

As of September 15th 2015, Spain allowed for various exceptions to its reciprocity principle. From this date the Spanish input VAT relating to a number of transactions is refunded by Spain to companies in all non-European countries.

A set of sentences issued by the Spanish Supreme Court paves the way for non-EU/EEA residents to obtain access to regional benefits