WTS in Spain

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