The dividend distribution policy distinguishes between the profits accumulated in the company in the form of reserves and those that are distributed to the holders of the share capital in the form of dividends.
An additional legal disposition is incorporated relating to deferrals and instalments of tax debts by the AEAT (State Tax Administration Agency) which raises the regulatory rank, but does not modify the exempt limit.
On the sale of a property, provided that the transfer value is higher than the acquisition value, the capital gain generated must be declared for non-resident income tax purposes.
It aims to reduce the generation of waste and improve the management of waste that cannot be avoided, developing two new taxes to discourage less favorable management options.
There is no systematic preference in the selection of one approach over the other, since in both cases reliable comparables can be obtained and even a combination of the two approaches can be used.