View pdf Mandatory Amicable Settlement Procedure Prior to Judicial Proceedings We would like to inform you of one of the main legal developments in judicial procedures in Spain, following the entry into force, as of April 3, 2025, of Organic Law 1/2025 of January 2, on measures to improve the efficiency of the Public Justice Service. This law establishes the obligation to attempt an amicable resolution of [...]
View pdf 2024 Income Tax Return - Special Regime for Inbound Taxpayers (Article 93 of the Spanish Personal Income Tax Act) ESCURA would like to inform you that the filing period has started for the 2024 Personal Income Tax return and Wealth Tax return for individuals who have opted for the special inbound regime known as the “Beckham Law.” Taxpayers covered by the special inbound regime must pay [...]
View pdf Income Tax Return. Wealth Tax. Solidarity Tax on Large Fortunes. 2024 ESCURA would like to inform you that the filing period for the 2024 Personal Income Tax (Impuesto sobre la Renta de las Personas Físicas) and Wealth Tax returns has begun. You may file these returns until June 30, 2025, unless you choose direct debit for the tax payment. In that case, the filing deadline [...]
View pdf Spanish tax residents with assets abroad exceeding 50,000 euros must file form 720 We remind you that the deadline for filing Form 720, the information return for assets and rights located abroad, is March 31, 2025. This filing is mandatory for all Spanish tax residents who hold accounts, securities, or real estate abroad with a combined value exceeding 50,000 euros. This tax reporting obligation regarding [...]
View pdf Recommendations for multinationals regarding the Ethical Channel Since the enactment of the “Ley 2/2023, de 20 de febrero, reguladora de la protección de las personas que informen sobre infracciones normativas y de lucha contra la corrupción”, entities with subsidiaries in Spain have encountered challenges in adapting their Ethical Channel to comply with the Spanish legislation. Spain's distinctive system of autonomous regions allows some regions to [...]
View pdf Personal Income tax return for the year 2023 - Special Tax Regime for impatriates art 93. Ley IRPF (Personal Income Tax Law) Índice ESCURA would like to inform you that the period for filing the Personal Income Tax Return and the Wealth Tax Return for 2023 has started for taxpayers under the special regime [...]
Escura’s International Legal Alliance TAGLaw Named “Elite” by Chambers & Partners for 11th Year Escuras’s international legal alliance, TAGLaw®, has once again been recognized by Chambers & Partners as “Elite” for 2024—the highest ranking awarded to legal networks and alliances. This is the eleventh time TAGLaw has received the distinguished “Elite” designation since Chambers & Partners began ranking legal networks and alliances in 2013. TAGLaw was also invited provide the introduction [...]
View pdf Remote working in Spain Living in Spain but working for an overseas company Legal and tax requirements Social Security General rule: workers must pay social security contributions in the country of work (Spain). Exception 1: social security contributions can be maintained in the company’s registered country only when less than 25% of the work is performed in Spain. Exception 2: social security contributions can be maintained [...]
View pdf Form 720: Informative return on assets and rights located abroad We would like to remind you that the deadline for filing the informative return on assets and rights located abroad (form 720) for the financial year 2023 is between 1 January and 1 April 2024. This tax reporting obligation on assets and rights located abroad is divided into three blocks: 1. Accounts in financial institutions located [...]
