Rewriting the international tax framework to introduce a Global Minimum Tax (also known as Pillar Two) was always going to be a battle against the odds. However, despite various obstacles and setbacks, we closed out 2024 with...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