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Spain News - Business, Taxation & Offshore

Ombudsman Backs EU Judgment On Spanish VAT

by Ulrika Lomas,, Brussels

Last updated 22 hours ago | Wednesday, March 22, 2017

The European Ombudsman has supported the European Commission's decision to close an infringement complaint against a court ruling concerning the Spanish value-added tax system. Read Full Story


OECD Calls On Spain To Expand Value-Added Tax Base

by Ulrika Lomas,, Brussels

Wednesday, March 15, 2017

Spain could make its tax system more efficient by scrapping income tax exemptions and by increasing value-added tax and environmental taxes, a new report from the OECD says. Read Full Story



Spanish Penalties On Overseas Undeclared Assets Challenged

by Ulrika Lomas,, Brussels

Thursday, February 16, 2017

The European Commission has called on Spain to lower the penalties it applies to taxpayers who fail to report assets held abroad.Read Full Story


Spain To Raise Environmental Taxes

by Ulrika Lomas,, Brussels

Monday, December 26, 2016

New environmental taxes will form a key part of Spain's attempts to meets its budgetary commitments under European Union fiscal rules.Read Full Story



IMF Urges Indirect Tax Shift For Spain

by Ulrika Lomas,, Brussels

Thursday, December 15, 2016

Spain has room to increase tax revenues without hampering economic growth prospects by targeting exemptions and inefficiencies in the tax system, the International Monetary Fund has said.Read Full Story


Spain To Hike Corporate Tax Burden

by Ulrika Lomas,, Brussels

Monday, December 5, 2016

The Spanish Government announced a revenue-raising Budget on December 2 that will increase the tax take from corporations.Read Full Story