Tax Changes Ahead: Summary of Key Changes for Individuals and Businesses The new tax reform promoted by Donald Trump brings with it key changes that will impact both individual taxpayers and businesses. Below, we detail the main points of the proposal, which includes tax reductions, enhanced deductions, and new phase-out thresholds. CHANGES FOR INDIVIDUALS 1.
On May 20, the Council of the European Union adopted the seventeenth package of sanctions targeting Russia in response to its continued military aggression against Ukraine. Russian “Ghost Fleet”: The EU has blacklisted 189 additional ships from third countries that have been supporting the so-called Russian “Ghost Fleet,” used to illicitly transport crude oil and
The Directorate General of Taxes (DGT) has issued binding consultation V0416-25, addressing key aspects of the application of the exemption provided for in Article 7p of the Personal Income Tax Law on income obtained from work actually performed abroad. The consultant, due to an employment relationship with a Belgian entity, travels 10 days a month
The Central Bank of Brazil has implemented important updates to its regulations for companies with foreign capital participation, in accordance with BCB Resolution No. 278 (December 31, 2022), amended by BCB Resolution No. 348 (October 17, 2023), and supported by Law 14,286/2021. These new provisions are essential for compliance with regulatory obligations and the proper
It is estimated that approximately 40% of companies incorporated in Spain do not carry out economic activity, meaning they do not incur expenses or generate income. This situation has led the tax agency to take action. Between 2022 and 2024, the Tax Agency revoked the NIF (Tax Identification Number) of more than 900,000 companies in
The Private Economy Promotion Law of the People’s Republic of China, adopted by the Standing Committee of the National People’s Congress on April 30, 2025, officially entered into force on May 20, generating significant expectations in the business and economic spheres. This legislation marks a milestone by explicitly recognizing legal and competitive equality between private
The President of the United Republic of Tanzania has signed a series of significant reforms to its labor laws, introducing important changes in recruitment, labor licensing, work permits, and legal procedures. The changes affect the Employment and Industrial Relations Act (Cap. 366), the Labor Institutions Act (Cap. 300), and the Employment of Non-Citizens Regulation Act
At Feliu N&I, we want to share with our community the recent publication of the 2025 Global Art Market Report, prepared by the AsesorArte team. This is a reference document that consolidates the main international analyses on the evolution and outlook of the sector, based on renowned sources such as UBS, Deloitte, Art Basel, Artprice,
On February 27, 2025, Decree 2/2025 will come into force, which will adopt urgent measures in the area of habitatge and urbanism, and consequently, the Registry of Large Housing Holder is created, of an administrative nature, which depends on the Habitatge Agency of Catalonia. In accordance with these regulations, all physical or legal persons who
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