Royal Decree 1/2021, of January 12, which amends the Spanish National Chart of Accounts (CoA) and additional legislation, in accordance with international accounting standards.

In line with the draft amendment to the Spanish National Chart of Accounts (CoA) and additional legislation published by the Spanish Accounting and Auditing Institute – Instituto de Contabilidad y Auditoría de Cuentas (ICAC) – in October 2018, the amendment to the Chart of Accounts and its additional legislation is finally approved by Royal Decree 1/2021 of January 12.

„Royal Decree 1/2021, of January 12, which amends the Spanish National Chart of Accounts (CoA) and additional legislation, in accordance with international accounting standards.“ weiterlesen

Ponencia IVA servicios telecomunicaciones

Ponencia IVA servicios telecomunicaciones

Servicios que tienen por objeto la transmisión, emisión y recepción de señales, textos, imágenes y sonidos o información de cualquier naturaleza por hilo, radio, medios ópticos u otros medios electromagnéticos, incluyendo la cesión o concesión de un derecho al uso para la transmisión, emisión o recepción e, igualmente, la provisión de acceso a redes informáticas…

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Inheritance and donation taxes in Spain for non-residents

In Spain, the Inheritance and Donations Tax (known by its abbreviation in Spanish as ISD) is a direct, personal and state tax that charges the acquisitions by natural persons in case of inheritance, life insurance benefit and donation. However, the State transfers to the Autonomous Regions diverse competences with regard to these taxes and that causes significant taxation differences depending on the relevant region.

For this reason, the ISD has become a recurrent mechanism for Autonomous Regions in order to attract taxpayers, applying different tax advantages to those residing on their respective territories. The determination of the relevant applicable regulations depends on what is called “the point of connection”.

 

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