Tax Form 720 or the obligation to declare certain assets or rights located abroad. The Spanish Royal Decree 1558/2012, dated 15th November 2012, introduces the obligation to declare: bank accounts securities and life insurance contracts/rights as well as real estate located abroad and owned by Spanish residents. It is imposed without discrimination on all Spanish taxpayers,…
The ICO 2021 Credit Line for Self-Employed and Companies can be reapplied for as every year. There are different financing lines that the Official Credit Institute launches. As we have already mentioned, the ICO lines are extended until June 30th, 2021. Below, we explain the different possibilities. ICO 2021 Credit Lines for the Self-Employed…
A tax incentive on the reduction of the rent of commercial premises is approved. The idea is that since this rebate is only compulsory for large tenants, to encourage it on the part of the landlords. Referring to the rents of commercial premises and with effect from January 1, 2021. Tax incentive on the…
The holding of meetings of the board of directors in legal entities under private law in times of pandemic. As we have already published, a series of measures were taken affecting such meetings. Now a series of amendments to these measures are published. Meetings of board of directors of legal entities under private law…
Measures on rental of commercial properties were published at the end of last year. Specifically in RDL 35/2020. These measures are framed within those to curb the economic effects of Covid-19. Measures on rental of commercial properties These are measures on rents for uses other than housing. Being applicable, therefore, to rentals of premises…
The Cessation of Activity Benefit of the Self-Employed is a specific system that aims to protect self-employed workers who have completely ceased their economic or professional activity. We have already discussed the Self-Employed Cessation of Activity Benefit, although it is worth recalling several very important aspects. Cessation of Activity of Self-Employed Workers This can…
Post-Brexit tax effects, or in other words, how the agreement between London and Brussels affects taxes. On January 31st 2020 the formal exit of the United Kingdom from the European Union took place, a fact known as “Brexit”. However, the Withdrawal Agreement established a transitional period until December 31st, 2020 in which commercial transactions with…
Extraordinary measures on housing rentals are approved in RDL 37/2020. Applicable to cases of economic vulnerability. It does not apply, therefore, to the renting of premises. Measures on housing rentals Suspension of evictions and launches Until the end of the state of alarm declared by the Royal Decree 926/2020, of October 25, in all…
How to calculate the number of contract terminations in collective dismissals has just been clarified by the TJUE. A Ruling of the First Chamber of the Court of Justice of the European Union has been published in which it interprets how the number of terminations in collective dismissals should be calculated from a temporary point of…
The devolution of the exonerated contributions by the ERTE for not maintaining the employment during 6 months. An informative note from the General Directorate of the Labor and Social Security Inspection was recently published. On the return of exonerated contributions due to the failure to comply with the commitment to maintain employment. Provided for in Additional…