News

  • COVID-19 and rental income

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    7 jul 2020 Owners of properties in Spain that do not qualify as permanent home must impute an income, a benefit in kind, and pay taxes on that imputed income. For a non-resident, the house in Spain is by definition a holiday property thus the […]

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  • COVID-19 and tax residence

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    7 jul 2020 Spanish tax residence is based on 183-day rule in a natural year. Many non-resident citizens are checking carefully the days spent in our country to avoid being considered resident, planning ahead their holidays and trips to Spain. However, in 2020 a large […]

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  • Beyond COVID-19

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    19 Mar 2020 Further to the declaration of State of Emergency by the Spanish Government last Saturday 14 and the country lockdown for two weeks, several measures have been approved to limit the impact and support businesses. We summarize the most relevant facts you should […]

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  • New Government in Spain: tax planning strongly advised

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    15 Jan 2020 Read our quote on International Adviser

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  • GGI Newsletters

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    8 Jan 2020 Here are the latest GGI Practice Group Newsletters to start the year with updated relevant professional information. Indirect Taxes International Taxation Litigation & Dispute Resolution Labour Law Real Estate Auditing, Reporting & Compliance Debt Collection,Restructuring & Insolvency Trust & Estate Planning

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  • Finally, a new Government in Spain

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    8 Jan 2020 2020 has started with a new Government after 4 general elections in 4 years. Yesterday, Tuesday 7, Pedro Sanchez of the Socialist Party was confirmed as Prime Minister with a thin margin of two votes. Spain will have its first coalition government […]

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  • Taxes and declarations for Spanish residents in 2019

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    8 Jan 2020 We have listed below the tax returns and declarations that Spanish residents must file during the first half of 2020 corresponding to fiscal year 2019: IINFORMATION TO BE PROVIDED TO THE CENTRAL BANK OF SPAIN: Form ETE: Declaration of foreign economical transactions […]

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  • 2020 Outlook

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    3 Jan 2020 Unlike 2019, a year with little legislative development due to the impossibility of forming a government after 4 general elections in 4 years, 2020 appears to be a year full of new regulations and from a very different angle and perspective due […]

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  • Wealth Tax extended one more year

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    3 Jan 2020 In the absence of Government in Spain, the acting government has extended the 2018 General Budgets for the second consecutive year. Consequently, the reinstating of a 100% allowance of Wealth Tax approved in 2011 has been delayed one year more. In addition, […]

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  • The European Commission lodges an appeal against Spain before the EU Court over “Form 720″

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    3 Jan 2020 On 23 October 2019 the European Commission claimed that the Court should state that Spain has failed to fulfill its obligations for imposing disproportionate penalties on Spanish taxpayers for the failure to report assets held in other EU and EEA States, as […]

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