Posted in Tax Law

TAX ALERT: NEW TAX MEASURES APPROVED IN SPAIN

New measure to break free with the running deficit of the government and to comply with the Council Recommendation of 21 June 2013 by shuffling the limits to offsets.

2016 – 60%; 2016 – 70%

Large Enterprises (yearly net turnover €20 million-€60 million) 50%. €60 million or higher, 25%.

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Junior Legal Counsel with a remarkable lust for legal and business knowledge

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