Spain Tax News

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Treaty between Brazil and Spain clarified – MFN clauses

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Corporate, Individual and Non-residents Income Tax Bill - details

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Corporate immigration – Italian resident status commences on date of deregistration from Spanish register of companies and transfer of effective management to Italy

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Budget Law for 2006 approved – details

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Law implementing amendments to EC Parent-Subsidiary Directive adopted

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Spanish Supreme Court examines refund of excess amounts withheld non-discrimination provision (US treaty)

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Non-application of domestic withholding tax exemption to interest paid to Swiss finance branches

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It has been reported that Spain initialled a first-time tax treaty with Peru on 14 July 2005. Further details of the treaty will be reported subsequently.

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The United Arab Emirates and Spain initialled a first-time income tax treaty on 31 October 2005. Further details of the treaty will be reported subsequently

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Corporate income tax cuts announced

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It has been reported that Spain initialled a first-time tax treaty with Nigeria on 20 September 2005. Further details of the treaty will be reported subsequently.

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Details of the first-time income and capital tax treaty and protocol between Spain and Colombia, signed on 31 March 2005, have become available. The treaty was concluded in the Spanish language and generally follows the OECD Model Convention.

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Spanish withholding tax creditable against Luxembourg municipal business tax Luxembourg-Spain treaty

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New Zealand and Spain signed a first-time tax treaty on 28 July 2005. Further details of the treaty will be reported subsequently.

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Interpretation of Art. 26(3) of FranceSpain tax treaty (MAP) exchange of letters published

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Spain and Egypt signed a first-time tax treaty on 10 June 2005.

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