The Spanish Tax Agency is working on two tax forms to declare digital currencies to the tax authorities. These are the ‘Modelo 172’, an informative model in order to declare balances, and ‘Modelo 173’, an informative model for the declaration of crypto transactions.   The ministry recently introduced new regulations regarding the declaration of digital […] The post Spanish tax authorities come up with 2 forms for crypto declarations appeared first on Easy Tax Spain ..read more

The Spanish Tax Office is finalizing a regulation to require investors and crypto asset service companies to declare all information about their virtual currencies in Spain and abroad from January 1, 2022 on an annual basis. Hacienda is finalizing a specific regulation for cryptos. It is the intention that taxpayers who own digital assets and […] The post Investors and intermediaries obliged to declare cryptocurrencies appeared first on Easy Tax Spain ..read more

Capital gain on selling within a year now also taxed Spain has new regulations in the field of municipal capital gains tax in November 2021. Capital gain tax is now calculated according to two methods. Sellers can choose to pay tax on the cadastral value or on the difference between the purchase and sale price. […] The post New municipal capital gains tax to be calculated in two ways appeared first on Easy Tax Spain ..read more

Spanish High Courts rules that the Spanish Tax Authorities (Hacienda Pública) cannot take action against people and companies before any ruling has been handed down, in cases where an appeal has been filed. Previous to this judgement Hacienda used to start the execution process against people deemed debtors by Hacienda, even if court proceedings were still ongoing to establish […] The post High Court: potential debtors must considered innocent until found guilty appeared first on Easy Tax Spain ..read more

The Spanish government will most probably announce next week additional measures for companies that apply the temporary termination of employment contracts or the reduction of working hours as a direct consequence of the COVID19 crisis (ERTE Force Majeure). Here is a summary of our expectations: Untill 30 June and flexibility The ERTE Force Majeure is no longer […] The post C19 Update: Important new measures ERTE appeared first on Easy Tax Spain ..read more

Spanish government has presented a de-escalation plan for the country’s lockdown for (at least) the next 8 weeks, consisting of 4 phases. The keywords of economic measures are shown in bold. Phase 0: Prior This is the stage the country is currently in. During this phase, some light relief measures will be taken: Children can go outside (already introduced). […] The post Spain presents gradual de-escalation plan lockdown appeared first on Easy Tax Spain ..read more

The Spanish government offers entrepreneurs the opportunity to defer payment of business rentals in case business activity has been shut down by the government as a result of the state of emergency (such as catering or retail) or if, in case of continuing business activity, turnover has fallen by at least 75% compared to the same period last year.  Interest-free deferment The measure allows […] The post COVID19: Business rental? These are your deferment possibilities appeared first on Easy Tax Spain ..read more

Spain has confirmed the expected decision on tax deferral. For companies with a turnover of up to 600,000 euros. Have you already presented your tax returns? No problem, the Spanish tax authorities will automatically collect taxes on May 20. New direct debit date: May 20 Companies and autónomos with a turnover of less than 600,000 euros in […] The post Deferment tax payments from April to May for small businesses appeared first on Easy Tax Spain ..read more

In order to ensure that the liquidity of Spanish companies would not be put under further strain during the emergency, the Spanish authorities have made it possible to defer the payment of social security contributions. With immediate effect, all companies, regardless of size or sector, can request a deferral of the payment of the employer’s […] The post COVID19 crisis: deferment social security contributions appeared first on Easy Tax Spain ..read more

Purpose: to prevent liquidity problems Because of the COVID-19 crisis, on March 24 the Spanish government announced a series of extraordinary measures to help companies face the economic and social impact. Some of these measures are aimed at assuring the liquidity of Spanish companies and entrepreneurs. The idea is that Spanish companies and entrepreneurs continue being […] The post State of emergency Spain: state guaranteed financing  appeared first on Easy Tax Spain ..read more