News

21 March, 2018

THE SPANISH SUPREME COURT VEINS THE TAX DISCRIMINATION REGARDING INHERITANCES OR DONATIONS WITH RESIDENTS IN NON-EU COUNTRIES

The Spanish Supreme Court in its recent judgment No. 242/2018 of February 19, 2018 has affirmed that non EU tax residents can´t be discriminated by the Inheritance and Gift Tax. Until now those tax payers were been forced to pay for this tax according to …

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14 February, 2014

The Burden of Proof of Valid Economic Reasons

By José Ignacio Alemany Bellido (Cinco Días). Commercial companies are now the natural environment to undertake business activities for profit, especially if the liability of the partners is wanted to be limited to a certain amount. That profit or benefit will result from the algebraic …

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10 February, 2014

Tax Measures in the Act of State General Budgets for the year 2014

Act 22/2013, of 23 December, on the State General Budgets for the Year 2014 On 26 December 2013, it was published in the State Official Gazette Act 22/2013, of 23 December, on the State General Budgets for the year 2014 which includes, among others, tax …

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2 January, 2014

Is the Director’s Remuneration Tax Deductible?

By José Ignacio Alemany Bellido. Commercial companies are now the natural environment to undertake business activities for profit, especially if the liability of the partners is wanted to be limited to a certain amount. That profit or benefit will result from the algebraic sum of …

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26 December, 2013

AVE, expensive or cheap?

Joaquín de Fuentes Bardají. The author writes on the process of liberalization of the railway transport of travellers, and defends that its feasibility depends on four principles that are fundamental for competition. In February 2010, Renfe Operadora took the decision to raise AVE (Spanish High …

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26 December, 2013

Further “adjustments” after employment reform

Royal Decree-Law 16/2013, of December 20, on measures to benefit the stable employment and to improve the employability of workers The Cabinet has approved on December 20, 2013 the Royal Decree-Law on improvement of stable employment and employability of workers (the “RD-L”). This RD-L, in …

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30 October, 2013

Best Lawyers selects three lawyers of the Firm among the best in Spain

The lawyers of the Tax Law area, José Ignacio Alemany Bellido and Siro Barro Fernández, and of the Commercial Law department, Antonio Conde González, have been chosen among the top professionals in Spain in the final ranking of ‘Best Lawyers’. The American publication ‘Best Lawyers’ …

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2 August, 2012

Siro Barro joins Alemany

Siro Barro, from Baker & McKenzie, has joined ALEMANY, ESCALONA & DE FUENTES‘ Tax Department as Senior Legal Counsel.

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5 June, 2012

Siro Barro, from Baker, joins Alemany’s Tax Department

Siro Barro has joined the firm in order to reinforce Tax Department, assuming direct taxes and business tax assessment areas. At the moment, Tax Department is formed by five lawyers, and assumes a crucial time, with continual continuing changes in tax rates and tax rules.

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23 February, 2011

Spanish M&A

José Antonio Escalona, Partner at Alemany, Escalona & Escalante echoed the foregoing comments and said following the economic downturn the level of PE/VC investment activity in Spain has been dramatically reduced: “Only investors that were lucky to have concluded their funds raising before the economic …

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22 February, 2011

Sinaer acquired

Corpfin Capital has acquired 65% of the group Sinaer, while the 35% remainder will continue in the hands of the founder and general director of Sinaer, Alberto González. (…) Alemany acted as legal advisers to the purchaser, Corpfin Capital. The transaction was led by José …

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27 October, 2010

Management of tax declarations related to hidden accounts

Over three months ago, the Tax Agency and regional tax institutions sent the mandatory requirements about HSBC’s financial accounts. First target was clear: forcing contributors to present complementary tax declarations, including respectively, their personal income tax and their wealth tax declarations.

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27 July, 2010

Flexisecurity: A real ‘Social Deal’?

‘Flexisecurity: reaching the unreached task’. This sentence has become a common aphorism in Labour circles when it cames to give our opinion about the latest Labour reform. And that meeting point explains itself because the new legal content has came into force with a main …

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21 July, 2010

OECD and Spain: a case of different tax havens’ list

In 1992, Spain hosted a list of significant worldwide events (to name a few, the Universal Exposition in Seville; the Olympic Games in Barcelona; and the European Capital based in Madrid), a context preceded by a wide range of new laws that drove to success …

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28 September, 2009

Tax reform so far

The Spanish Government put in place the General Budget Project of Law 2010. It includes four remarkable tax reforms and I would like to offer a brief comment from a technical viewpoint. First, I should say the reform announced does not constitute itself a real …

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