Tax advisers of law firm, Arcos & Lamers Asociados, are pleased to write some lines with regards to the history of Spanish Wealth Tax.
The wealth tax in Spain was introduced for the first time in 1978 as by law 50/1977, of 14 November. The same was introduced as urgent measurement for a fiscal reform (B.O.E. of 16 November), developed by the Spanish Ministerial order of 14 January 1978 (BOE 17 January) that established the wealth tax for individuals (IEPPF) had an extraordinary status. Spain was on his initial steps of democracy and the existence of a progressive tax system had to be proven. Read more »
The professional Spanish Accountant of Arcos & Lamers Asociados, Ms. Sara Duarte has the pleasure to set out below some lines with regards Spanish Basic mercantile rules.
All Spanish SL companies are bound to present at the Spanish Mercantile Register, where the last company address was registered, the following documentation for its registration:
The Spanish accountant, Ms. Sara Duarte, has the pleasure to line you out some notes with regards to Spanish Taxes and Fiscal liabilities of a Spanish s.l. company.
When an Spanish SL company has been set up there are certain fiscal requirements in Spain that will need to be fulfilled. Most companies will be required to submit quarterly and annual Tax Return to the Inland Revenue. Below you will find a basic list of the most common Tax Return obligations.
Arcos & Lamers Asociados is a Law and Tax advice Firm that is made up of a team of professionals including: lawyers, economists, accountants, tax and labour advisers. Your Spanish Lawyers and Accountants in Marbella!
At Arcos & Lamers Asociados you will find skills and experience under the same roof. Thanks to their extensive experience, the advisers of this Firm offer an extensive range of high-quality services in the following variety of languages: English, Spanish, Dutch, German and French. Read more »
Specifically in 2012, more than two million euros (2,041,350) euros will be earmarked to promoting projects and activities associated with self-employment, the social economy and corporate social responsibility. This money will be managed by the non-profit organisations and public and private universities whose projects are selected via the tender published on Monday in the Official State Gazette.
“This financial aid is intended to help drive entrepreneurship in Spain, so all those activities that foster the entrepreneurial spirit through self-employment, the social economy and corporate social responsibility will be given priority. Furthermore, any action aimed at commemorating 2012 as the ‘International Year of Cooperatives’ will also be considered priority”, said Miguel Ángel García Martín, Director-General for Self-Employment, the Social Economy and Corporate Social Responsibility. Read more »
The data from all the Public Employment Services in all the autonomous regions for the month of June show a drop in unemployment of 98,853 on the previous month, in other words a reduction of 2.1%. Total recorded unemployment stands at 4,615,269.
Last month’s reduction is the largest June reduction since records began. By comparison, recorded unemployment fell by 67,858 in 2011. Furthermore, unemployment has fallen for the third month in a row following reductions in April and May 2012.
Recorded unemployment fell in all sectors of the economy except agriculture, where it rose by 1,182 (0.74%). There were 9,970 fewer unemployed in industry (-1.85%), 17,124 fewer in construction (-2.15%) and 52,654 fewer in services (-1.88%). Read more »
An unconventional art contest kicks off tomorrow in which competitors use a natural material to create fleeting – yet astounding – sculptures.
The International Sand Art Competition began on Marbella’s shores on Monday, with 10 artists from around the world working head to head. With the theme of ‘Secrets of the Sea’, the seven-day challenge features artists from Europe and Russia, as well as award-winning Indian sand artist Sudarshan Pattnaik. Read more »
Algeciras Port saw the largest increase in container traffic in 2011 anywhere in the world. The port held 28% more containers than in 2010 at 3.6 million with a total cargo of 28.4 million tons.
Another beneficiary is Málaga Port which has taken a grand part of the business from Tangiers. Málaga saw a freight total up 216.4%, reaching 3.49 million tons.
Both ports have benefited by the increase in container traffic. Read more »
The State Secretary for Budgets and Expenditure, Marta Fernández Currás, confirmed on Tuesday that the standardised State budget to May stands at 2.38% of GDP (compared with 2.56% in 2011), which represents a figure of 2.15 billion euros less than a year ago.
Marta Fernández Currás believes that the Government’s decision to support the liquidity of other public administration services, households and businesses is having a significant effect on the State deficit figure for the first five months of the year, and believes it would be far more appropriate to carry out a comparison with 2011 in standardised terms in order to cater for the earlier application of certain expenditure items for transfers and tax rebates.
The Government continues to make daily efforts “to meet the stability targets, as we consider correcting the deficit to be an essential task”, said the State Secretary for Budgets and Expenditure. Read more »
The improved figures can be seen in all the Social Security regimes, except that of Domestic Workers, which is being phased out (30 Junes marks the last date for these workers to be transferred to the Special System within the General Regime) and the Special Coal Workers regime, which was down by 0.81%.
There was a notable increase in the Special Self-Employed Regime, which was up by 1.45%, and the Seamen Regime, up by 1.26%. The General Regime was up by 3.12%.
In annual terms, the number of foreign nationals continues with negative growth, significantly more so than the total number of employees: there was an annual fall of 5.61% in the group, compared with a fall of 3.39% in the system as a whole. Both figures reveal that the trend suggested in previous months is continuing: the loss of jobs is affecting foreign workers more than Spanish ones. Read more »
Services:
