Formal obligations concerning Personal Income Tax (IRPF), Value Added Tax (IVA), and accounting for individuals and legal entities in Spain This article provides a detailed […]
Promotion of buildings: Economic Activities Tax (IAE) heading 833.2 and its tax implications Heading 833.2 of the Economic Activities Tax (IAE) covers the activity of […]
Reserve for Investments in the Balearic Islands (RIB) If you are a resident in the Balearic Islands, you may be interested in knowing about the […]
On 27 July, the Council of Ministers approved the new contribution system for the self-employed. The new system will be based on the net income […]
ROYAL DECREE 34/2020 OF 17 NOVEMBER ON URGENT MEASURES TO SUPPORT BUSINESS SOLVENCY AND THE ENERGY AND TAX SECTORS.
Extension of the maturity and grace periods for financing operations for the self-employed and businesses which have received a public guarantee channelled through the Official Credit Institute ICO LOANS.
Extension of the maturity of the guarantees released in accordance with Royal Decree 18/2020 of 17 March for a maximum additional period of 3 years, provided that the requirements for this purpose continue to be met and that the total maturity of the guaranteed operation does not exceed 8 years from the date of the initial formalisation of the operation. The extension of the maturity of the guarantee will coincide with the extension of the maturity of the guaranteed loan.