Yearly “Información Fiscal” Report If you have a Spanish bank account or hold investments in Spain, your bank will issue a yearly statement known as the “información fiscal”. This report is essential for completing your Spanish income tax declaration, and it should be forwarded to your tax advisor as part of your 2025 tax filing. … Read more
Spain’s Social Security system has expanded the list of medical conditions that allow Employees with disabilities to retire early without a reduction in pension benefits, marking a significant update in disability retirement policy. This measure affects around 50.000 people living with severe health conditions. Official Announcement On 26th of February 2026, the Ministry of Inclusion, … Read more
Tax fraud in Spain is taken very seriously and, under certain circumstances, can constitute a criminal offense. It is essential for individuals and companies to understand the thresholds, risks, and corrective measures available to avoid escalating a tax problem into criminal territory. When Does Tax Fraud Become a Criminal Offense? Tax fraud is classified as … Read more
If your company is a small or medium entity (SME) or a micro-business, it is important to note that the Corporation Tax rate will gradually decrease over the next few years. With the publication of Law 7/2024 on December 20, significant changes have been introduced in the taxation of small businesses, presenting a potential opportunity … Read more
In the business world, there are concepts that sound complex but are actually quite simple in logic. One of these is holding companies. For some, they are a key part of business planning, for others, a ‘legal trick’ to pay less tax. The reality, as is often the case in tax law, is somewhere in … Read more
In a move to continue supporting the transition to sustainable mobility, the Spanish government has officially confirmed the extension of tax deductions for electric vehicle (EV) purchases and the installation of charging points through 2026. The decision was announced as part of a new Royal Decree, ensuring that these tax benefits remain in place for … Read more
Gold has always had that aura of being a “safe value” that attracts both small savers and large investors. When markets tremble, gold shines. However, before rushing out to purchase jewelry, coins, or bars, it is important to ask yourself a key question: how is gold taxed in Spain? Because, although gold may shine, its … Read more
What’s Changing? Until recently, banks and payment platforms only reported large electronic payments to the tax authorities — for example, over 3.000€ or 10.000€ in a year. That threshold disappears in 2026. Because of the Royal Decree 253/2025, all Bizum payments received for commercial activity will be compiled and sent to the Tax Office monthly, … Read more
The controversial municipal waste‑management tax (tasa de basuras) introduced by many Spanish councils is now facing major legal scrutiny. According to the Asociación Nacional de Inspectores de la Hacienda Pública Local (ANIHPL), the tax could amount to over 3.400 million €, and if deemed invalid by the courts, millions of residents and businesses across Spain could be … Read more
When a person dies owning Spanish assets, their heirs inherit not only assets and rights but also certain liabilities, including outstanding tax debts. This can become particularly complex when the deceased operated as a sole trader, because tax assessments may arise after death. Understanding how liability is transferred and what can be limited is essential … Read more
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