In order to start talking about the Tax on Economic Activities (IAE) we must first understand the concept and know to whom it applies. This tax is part of the Spanish Taxation system that is handled by the local entities, that is to say, the Town Halls. The IAE is applied to both the natural [...]
At Welex we explain and clarify you all the doubts you might have on the main issues of the statement of assets and rights abroad. We explain you the key points in our guide below: What is this statement of assets and rights abroad and when did it become valid? This statement is an adjustment [...]
Payment in kind is a term that recently can be heard in all communication media in Spain. It is about the agreement of delivering the real property by the debtor to the bank, in exchange of paying off the debt that was entered into when purchasing the property in Spain. Said in other words, the [...]
Today, our law firm in Marbella, wish to share with you one of most consulted issues relating the Spanish Income Tax for non-residents (IRNR). What is important to know? How is this income in Spain taxed? What tax is paid on the profit of a sale in Spain? Let’s go through it step by step. [...]
In many occasions, starting to issue invoices in Spain might cause some headaches to companies, businessmen and self-employed professionals. What are these retentions? The so known “Retenciones” (with-holding tax in Spain). How much must be deposited and where? Are these retentions progressive? These and many other doubts are the ones we are facing with daily. [...]
On the website of this English speaking law firm in Marbella, we have already explained quite a lot on the legal aspects which our clients are faced with. This is also the fundamental aim of our blog: to explain more into detail subjects that might, a priori, seem laborious to let’s say people who do [...]
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