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The Decree 046 of January 30, 2024, issued in Colombia, has arrived to revolutionize the country’s corporate legal regime. This regulation introduces a legal definition of “conflict of interest” and establishes clear rules regarding acts of competition, which has a significant impact on transparency and legal certainty for company administrators. Below, we outline the key

The tax landscape is undergoing significant changes internationally, and Spain is emerging as an attractive destination for professionals and investors. The UK’s abandonment of its historic special regime for non-domiciled residents, known as Non-Dom, is leaving many high-profile professionals and fortunes without their main tax shield. This move is increasing the appeal of Spain’s Beckham

The 2023 Tax Campaign is set to begin soon, running from April to June 2024. In today’s globalized environment, it is increasingly common to find individuals relocating to Spain (impatriates) or abroad (expatriates), usually for work-related reasons. It’s also common for individuals who are tax residents in Spain to invest overseas and receive income from

In recent years, Spain has emerged as an increasingly attractive destination for international investors, remote workers, and entrepreneurs looking to expand their horizons in Europe. With a diversified economy, a vibrant business environment, and an exceptional quality of life, Spain offers a wide range of opportunities for those seeking to establish themselves in the heart

Non-resident taxation: Types of income from real estate in Spain. Income derived from real estate located in Spain is subject to Non-Resident Income Tax. If a property is owned by several individuals, each of them is an independent taxpayer who must file separate returns. The incomes that taxpayers who own real estate can obtain are:

Income derived from real estate located in Spain is subject to Non-Resident Income Tax. If a property is owned by several individuals, each of them is considered an independent taxpayer and must file separate tax returns. The types of income that property-owning taxpayers may obtain are: 1. Imputed Income from Urban Property for Own Use

The European Union Council issued a press release on February 20, 2024, announcing its decision to remove the Bahamas, Belize, Seychelles, and the Turks and Caicos Islands from its list of non-cooperative jurisdictions for tax purposes (tax havens list). In October 2023, it had already removed the British Virgin Islands, Costa Rica, and the Marshall

The Panama Canal, a crucial pillar for international trade, faces an unprecedented challenge today: a severe drought that has led to the implementation of temporary measures. These include reducing the number of daily ship transits and limiting draft, thereby increasing operational costs and affecting the efficiency of global trade. The root of the problem lies

The concept of Permanent Establishments (PE) included in various Double Taxation Avoidance Agreement models has always been a focal point for the OECD. Action 7 of its BEPS Action Plan(1) aims to prevent the artificial avoidance of PE status through a series of measures. The definition can be found in Article 5 of the Model