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SUPPORT MEASURES FOR THE ENTREPRENEUR, GROWTH AND EMPLOYMENT

Introduction Royal Decree Law 4/2013 of 22nd February responds to the urgent need in our country for structural modifications in business and in the employment market. In order to do so, it lends special attention to young people, encouraging their hiring, and granting fiscal benefits to employer and entrepreneur. Principal aspects of the reform •    Seeking to improve the Strategy…

OBLIGATION TO NOTIFY THE SPANISH AUTHORITIES REGARDING ASSETS ABROAD

Pursuant to the passing of Royal Decree 1558/2012, the authorities have introduced a new obligation regarding information to be provided by all tax residents in Spain. This obligation consists of notifying the authorities, once a year, regarding assets located outside the Spanish borders. 1.- Liable parties. All tax residents, owners or beneficiaries of assets located abroad should file this declaration. 2.-…