Transition to Large Company: what it entails, how to notify and legal deadlines
The obligation to notify the Tax Agency of the change in status to Large Company must be fulfilled by submitting Form 036, within one month from January 1st.
Verifactu Regulation postponed: Companies and self-employed will have until 2026 to adapt
The Verifactu system establishes the obligation to issue electronic invoices using software that complies with the technical and security requirements defined by the regulations, thus avoiding tax fraud.
Remission of debt between a parent company and its subsidiary
The remission of debt has tax, accounting and commercial implications. So, it is crucial to document it properly and comply with the corresponding regulations in order to avoid risks and ensure the group’s financial consistency.
Determination of the tax rate in the recognition of tax credits
The tax rate applicable to the recognition of tax credits for losses is determined in accordance with current accounting and tax regulations, considering companies with net sales of less than one million euros.
Rectifying self-assessments: Changes in Forms 303, 100 and 200
The Spanish Tax Agency has recently introduced important changes in the regulation of rectifying self-assessments, with special incidence in the VAT form 303, as well as in forms 100 and 200.
New tax obligations for cryptocurrencies in Spain
Among these measures, three new information tax forms have been introduced: Forms 172, 173 and 721, specifically designed to monitor cryptocurrency transactions and balances.