The Temporary Solidarity Tax on Large Fortunes (ISGF) is a direct tax, personal in nature, and complementary to the Wealth Tax (IP). It taxes the net wealth of individuals exceeding € 3,000,000, making it a relevant element for planning and compliance for high-net-worth individuals with a Spanish connection. As it’s also the case with the […]

El Impuesto Temporal de Solidaridad de las Grandes Fortunas (ISGF) es un tributo directo, de naturaleza personal y complementario del Impuesto sobre el Patrimonio (IP), que grava patrimonios netos de personas físicas superiores a 3.000.000 euros, de modo que es un elemento relevante de planificación y cumplimiento para patrimonios elevados con conexión española. Al igual […]

Law 7/2024, of December 20, has introduced a reform of the Corporate Income Tax rates that will benefit small and medium-sized enterprises over the coming years. The amendment of the tax rates is already applicable from the current tax year 2025 and will be implemented progressively through to tax year 2029. The reform is being […]

La Ley 7/2024, de 20 de diciembre, ha introducido una reforma de los tipos de gravamen del Impuesto sobre Sociedades que beneficiará durante los próximos años a las pequeñas y medianas empresas. La modificación de los tipos de gravamen del Impuesto ya se aplica desde el presente ejercicio 2025, y de forma progresiva hasta el […]

In order to improve tax control of the taxable events that may arise from the holding and operation of virtual currencies, new reporting obligations on cryptocurrencies have been introduced, which were regulated by Law 11/2021, of 9 July, on measures to prevent and combat tax fraud and by Law 5/2022, of 9 March, amending the […]

On 28 December 2022, Law 38/2022 of 27 December was published in the Official State Gazette (BOE) for the establishment of temporary energy taxes and credit institutions and financial credit establishments, creating the Solidarity Tax on Large Fortunes and amending certain tax regulations. This new tax is of a state nature and is complementary to […]