The Spanish Law establishes a Special Regime for companies with a share capital of at least EUR 5 million, under which the Corporate Tax rate is 0%. This Special Regime is called SOCIMI and it has its own regulation.

This is an optional regime. The option to be subject to the SOCIMI regime must be agreed by the General Shareholders Meeting and must be communicated to the Tax Agency Authorities corresponding to the company's tax domicile, before the last three months prior to the conclusion of the relevant tax period.

Last February 6th and 7th, Inmaculada Pineda, Partner at B Law & Tax, and Icíar Martínez, tax advisor of the firm specialized in Real Estate tax advisory, met with the team of Banque de Luxembourg....

Form 232 is the informative return on transactions with related individuals or entities. Taxpayers of Corporate Income Tax and Non-Resident Income Tax which act through a permanent establishment, as well as the entities under the system of attribution of income registered abroad with presence in Spanish territory, that perform certain transactions with related individuals or entities may have this reporting obligation.

The Official Spanish Chamber of Commerce in Belgium and Luxembourg, in collaboration with B LAW & TAX, has the pleasure to invite you to a workshop about ‘Spanish taxes for individuals living abroad: Tax residence conflicts and benefits provided for employment income and income obtained from EU institutions’ on Thursday, September 27 from 9:00 to 11:00 a.m.