News

With the beginning of the new year, the Official State Gazette (BOE) has published Royal Decree-Law 10/2024, of December 23, which establishes a temporary levy on the energy sector applicable throughout 2025. The aim of this regulation is to adjust the fiscal framework for major players in the energy sector, ensuring a greater contribution from

The European Union and Mexico have concluded political negotiations to modernize the Global Agreement that governs their economic, political, and cooperation relations. This achievement marks a significant step forward in the bilateral relationship, thanks to the joint efforts of the EU Commissioner for Trade and Economic Security. The new agreement establishes a modern and ambitious

Through this regulation, the European Directive guaranteeing a minimum global taxation of 15% for multinational companies is transposed into national law, and several other relevant tax measures are incorporated, which will come into effect in 2024 and 2025. Complementary Tax to Guarantee a Minimum Global Level of Taxation for Multinational Groups and Large National Groups

At the end of December, significant tax changes were approved through Law 7/2024 and Royal Decrees-Law 9/2024 and 10/2024. These modifications, effective January 1, 2025, aim to adapt the tax system to current economic challenges and promote a more balanced and efficient fiscal framework. Key Changes to IRPF (Personal Income Tax) Higher declaration exemption thresholds:

On November 15, 2024, China’s Ministry of Finance and the State Taxation Administration issued Announcement No. 15 on Adjustments to Tax Refund Policies for Exports, which will come into effect on December 1. These changes will significantly impact the future business planning of both local and foreign companies involved in export operations from China to

There are different annual obligations of information on the possession of goods and rights located abroad, which must be completed before different administrations. The obligations, in order of maturity, are specified below: ETE FORM – Economic transactions and balances of financial assets and liabilities abroad are reported if they exceed the total amount of one

The European Union has taken a historic step towards modernizing and harmonizing the registration system for industrial designs. A new legislative package, which came into force yesterday, must be transposed into national laws within the next 36 months. This updated framework introduces significant changes to enhance design protection, simplify procedures, and strengthen the fight against

The European Union has adopted its fifteenth package of sanctions in response to Russia’s aggression against Ukraine. According to the Council, the key elements of the package are as follows: Main Sanctions New Additions to the Sanctions List: This package includes 84 new listings, targeting 54 individuals and 30 entities. For the first time, full

Membership is valid until December 15, 2024, and includes payment of income tax and fines. The RERCT 2024 – Special Exchange and Tax Regularization Regime (Base Date: 12/31/2023) is a program created by Brazil’s Federal Revenue Service to regularize undeclared or unregistered financial assets in Brazil. Its main objectives are to combat tax evasion, encourage