Tax and Accounting Advice

01
Sep

Capitalisation reserve for asset-holding companies: the Spanish Directorate-General for Taxes confirms its application and the 25% limit

Being an asset-holding company does not prevent a company from applying the capitalisation reserve for Spanish Corporate Income Tax purposes. The Spanish Directorate-General for Taxes (DGT) confirmed this in a 2026 binding ruling concerning a company that leases commercial premises and has no employees managing those rentals. In addition, the DGT clarified an issue that

10
Aug

Can a company receive an inheritance? How a legacy is taxed under Corporate Income Tax

What happens if a company receives an inheritance or a legacy? Although a company can be named as a beneficiary under a will, the tax treatment is different from that applicable to an individual. The Spanish Directorate-General for Taxes (DGT) analysed this situation in a binding ruling issued in April 2026. The case concerned a

21
Jul

VERI*FACTU: invoicing foreign clients does not exclude the obligation in Spain

The Spanish Directorate-General for Taxation has clarified two important issues regarding the application of VERI*FACTU: invoices issued to foreign clients may also be subject to this regulation, and invoicing software cannot include fictitious companies within its real production environment. These clarifications come while companies continue preparing their invoicing software systems. Corporate Income Tax taxpayers must

06
Jul

Non-Resident Income Tax and Large Fortunes: changes to Forms 210, 213, 296 and 718

The Spanish Tax Agency has approved several changes to tax forms that affect non-residents, foreign entities, international investors and large estates with tax obligations in Spain. Although these changes relate to forms and filing templates, they should not be seen as a merely technical update. In practice, they may affect the information that must be

16
Jun

Family-owned companies in Spain: new criterion on the employee requirement for real estate rental companies

The Spanish Supreme Court has clarified an important issue for many family-owned companies, including foreign families and business owners who hold rental properties in Spain through a company. Until now, one of the most relevant requirements for accessing certain tax benefits was having a full-time employee dedicated to managing the rental activity. The new point

02
Jun

Approved Corporate Income Tax and Non-Resident Income Tax forms for 2025: main updates for companies

The Spanish Tax Agency has now approved the forms that companies must use to file Corporate Income Tax for the 2025 tax year. The order also affects certain Non-Resident Income Tax (IRNR) taxpayers, especially when they operate in Spain through a permanent establishment or have a presence in Spanish territory. Order HAC/529/2026, published in the

26
May

New clarifications on the plastic tax in Spain

The Special Tax on Non-Reusable Plastic Packaging in Spain entered into force on 1 January 2023. It taxes the use of non-reusable packaging containing plastic within Spanish territory. However, although the tax has already been in force for some time, its practical application continues to raise questions for many companies. This includes companies that use

12
May

Living in Spain is not always enough: forms to avoid withholding tax abroad

More people are tax resident in Spain but maintain economic links with other countries. They may work for foreign companies, provide international services, receive income from abroad or have relocated to Spain under special regimes, such as the inpatriate regime. In these cases, correctly proving tax residence can be essential to apply the relevant Double

13
Apr

Spanish’s tax developments in the first quarter of 2026: a scenario of regulatory instability and new challenges for businesses

During the first months of 2026, regulatory activity in Spain has been marked by multiple tax changes. Some entered into force and, however, ceased to apply just weeks later. Others, on the contrary, have been consolidated and have started to generate real effects on business operations. For this reason, at LEIALTA we review the most

06
Apr

Withholding tax on non-residents and Form 216: What Article 24.6 means and what to review

In the course of their activities, many companies make payments to suppliers or professionals who are non-resident in Spain. In these cases, in addition to analyzing the possible application of double taxation treaties, it is necessary to consider the withholding obligations under the Non-Resident Income Tax (IRNR). Form 216 is the mechanism through which these