Claudia Vargas Puccio

Electric vehicles : New tax incentives in Spain, but are these enough……..?

On June 27, 2023, Spain introduced a 15% deuction on the purchase of electric vehicles and their related charging equipment. This financial incentive is subject to a maximum limit of 20,000€ (3,000€ deduction) for the vehicles and 4.000 euros for the charging equipment (600€ deduction). Therefore, if the car costs 30.000€ and the charging equipment … Read more

The Spanish Budget for 2014. Will this help to stimulate the Spanish economy?

The Spanish Government has approved the Budget for 2014. No surprises, the tax system will remain as it has been for 2012 and 2013. Far sighted policies that will generate growth and employment seem as remote as ever. Many argue that “Spain is different”. They mostly refer to the country’s wealth in traditions and culture, … Read more

Spanish Tax Treaties Changes – a taxing trend for foreigners

Spain is very active in signing new tax treaties and updating some old treaties, unfortunately not necessarily for the benefit of the individuals investing in Spain. Double Tax Treaties are bi lateral, supranational laws that regulate the way that foreigners are taxed on assets and income of the other country. Generally speaking where both countries … Read more