The European Commission put forward a proposal in 2021 to tackle shell entities (known as ATAD 3). Despite widespread support for the concept, reaching agreement on the technical details of the Unshell Directive has proved...more
2023 is set to be a year of change for the global tax landscape. After many years of negotiation, development and consultation, implementation of the OECD’s Pillar One and Pillar Two reforms to international taxation is now...more
On 18 February 2020, The Spanish Government submitted before the Spanish Parliament the Draft Bill proposing the introduction of the Financial Transaction Tax (FTT) in Spain (the FTT Draft Bill). The parliamentary process for...more
On 14 January 2019, Spanish Government published the 2019 draft State Budget Bill of Law (the Bill), which has been sent to Congress of Deputies for further discussions and approval. The following tax amendments have been...more
Background -
On 10 October 2018, the Spanish Supreme Court issued a ruling changing its traditional criterion and establishing that the lenders (and not the borrowers) would be liable for the payment of the stamp duty...more
The Spanish Supreme Court has just issued a ruling establishing that the lenders (and not the borrowers) are liable for the payment of the stamp duty triggered by the creation of the mortgages securing financings. ...more