A debt liability action protects shareholder credit when there is a breach by the company director of his obligation to dissolve the company and there are legal grounds for dissolution. This is established in article 363 of Spanish Corporation Law, but it is only valid with regard to loans that are outstanding after the company… Continue reading Action of objective liability or debts due to non-compliance by the administrator
Month: June 2018
Supreme Court modifies the calculation rule for paid leave
Paid leave has always been calculated from the same day of the event (a marriage, a birth or a death), regardless of whether that day was a work day, for example, from Monday to Friday, or a weekly rest day, for example, a Saturday or a Sunday, or a bank holiday. Therefore, if a worker … Continue reading Supreme Court modifies the calculation rule for paid leave
Income Tax Return 2017
The deadline for the presentation of the Income Tax Return for 2017 began last April and will end on July 2, 2018, although for income with direct debit payments the deadline will finish on June 27, 2018. All individuals with tax residency in Spain who receive any type of income are required to present the… Continue reading Income Tax Return 2017