Would you like to reduce your tax liability while supporting organisations that create a positive social impact? In Spain, donations made to eligible non-profit organisations can offer significant tax advantages. Individuals and companies that support entities covered by the special tax regime of Law 49/2002 may recover a substantial part of their contribution through tax … Read more
Sustainability has become a priority for many businesses, not only for environmental or corporate responsibility reasons, but also because of the economic and tax opportunities it offers. In Spain, certain investments aimed at improving energy efficiency, reducing emissions or promoting renewable energy can generate significant tax advantages for companies. However, many businesses are unaware that … Read more
As international recruitment becomes increasingly common, Spanish businesses may hire employees who have recently moved to Spain or who are not yet considered Spanish tax residents. In these situations, the employer cannot automatically apply the standard Spanish payroll withholding used for ordinary resident employees. The correct treatment will normally depend on the employee’s tax position … Read more
The deductibility of vehicle-related expenses is one of the most controversial issues within the Spanish tax system. Both self-employed individuals and companies face a demanding regulatory framework, in which the Spanish Tax Office pays particular attention due to the frequent mixed use of vehicles both professional and personal. Understanding when and to what extent these … 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
In Spain, businesses and self-employed individuals must comply with a range of tax reporting obligations, among which Form 347 (in Spanish known as Modelo 347) stands out as a key instrument for fiscal control. Far from being a mere administrative formality, this annual informative declaration allows the Spanish Tax Office (Agencia Tributaria) to detect inconsistencies, cross-check transactions between companies, and combat undeclared economic activity. For 2025, the form includes a notable update, making an understanding of its requirements more essential than ever.
Starting in 2026, the Spanish Tax Office will enforce updated financial reporting obligations. These changes affect all self-employed individuals and businesses and will also impact banks and payment entities. The objective of the reform (Order HAC/747/2025 and Royal Decree 253/2025) is to provide more timely and detailed financial information, improving transparency, monitoring, and the ability … Read more
The Carbon Border Adjustment Mechanism (CBAM) is an EU regulatory framework designed to ensure that imported goods reflect the carbon emissions generated during their manufacturing process. Its primary objective is to prevent “carbon leakage”—a shift of production to countries with less stringent climate policies—and to maintain fair competition between EU producers and external exporters. As … Read more
What is the Modelo 840? The Modelo 840 is the form that businesses and professionals in Spain must use to register the economic activity they carry out for tax purposes. It is linked to the Impuesto sobre Actividades Económicas (IAE), which is a local tax paid by companies and self-employed people based on the type … Read more
IntroductionTax Form 232 is an essential document for companies in Spain who engage in international transactions with Tax Havens or dealings with related parties. It provides the Spanish tax authorities (Agencia Tributaria) with information about these transactions, ensuring compliance with Spain’s tax regulations and its commitment to international standards of transparency. In this article, we … Read more
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