As a result of Directive (EU) 2025/516 , from 1 July 2028, owners of properties dedicated to holiday rentals will have the status of entrepreneurs. These will be the new obligations, pending the transposition of this regulation into Spanish law.
New obligations for landlords of vacation homes will be:…
In this post we discuss the specialties in order to resolve any doubts about the application of the Regulation of Computerized Billing Systems (RRSIF)
Rental of housing and/or premises:
The RRSIF will apply if the rental is carried out through a legal entity.
In the case of individuals,…
(07/18/2023) The new Balearic Islands Government has approved the first Decree Law that modifies the effective taxation of inheritance and gift tax as well as the tax on property transfers.
SUMMARY OF THE REFORM:
Objectives of the reform:
To facilitate transfers of wealth between immediate family members and reduce the…
The seventieth additional provision of the LPGE for 2023 introduces the special tax regime of the Balearic Islands with effect for tax periods beginning between January 1, 2023 and December 31, 2028
SUMMARY OF THE SPECIAL REGIME OF THE BALEARIC ISLANDS:
The reserve for investments…
The deadline for submitting self-assessments with direct debit will depend on the end of the submission deadline for each model.
If the expiration of the submission period coincides with a non-business day, the period ends on the first following business day and the direct debit period will generally be extended by the same number…