Informative news
Autonomous
- The Catalan Parliament has validated two decree laws on taxation that introduce changes in taxes such as Personal Income tax, Property Transfer tax and the tax on stays in tourist establishments, which will be processed as draft laws. [+Info]
National
- Reduction of net yield rates for agricultural and livestock activities affected by exceptional circumstances. [+Info]
The Ministry of Finance has issued an order, already published in the Official State Gazette (BOE), which establishes a reduction in the net yield rates corresponding to tax year 2024, within the objective estimation system of Personal Income Tax, for agricultural and livestock activities that have suffered extraordinary conditions.
- The Directorate General of Taxes (DGT) clarifies the VAT treatment applicable to the transfer of insurance portfolios and the supply of office material. [+Info]
The DGT, by means of binding consultation V0149-25, of 12th of February 2025 [+info], analyses the application of VAT in the transfer of an insurance portfolio and office material carried out by an insurance agent who ceases his activity due to retirement. In the case in question, the professional does not have any contracted staff or premises for carrying out his activity.
- Magazine ‘Tax & Economic News’ of Morera Asesores. [+Info]
International
- EFRAG (European Financial Reporting Advisory Group) publishes a series of training videos on the new Voluntary Reporting Standard for small and medium-sized companies. [+Info]
- EFRAG has sent the European Commission its favourable opinion on IFRS 18 (International Financial Reporting Standards), a standard focused on the presentation and disclosure of financial statements, concluding that it complies with the technical requirements and that its application is appropriate in the European Union context. [+Info]
- The agenda and preparatory materials for May 2025 meetings of the International Accounting Standards Board (IASB) [+Info] and the International Sustainability Standards Board (ISSB) are now available. [+Info]
- The IFRS Foundation has made available to the public the summary minutes for March 2025’s meeting of its Board of Trustees, at which strategic issues of governance, sustainability and developments in international accounting standards were discussed. [+Info]
CNMV Communications
- The ‘Comisión Nacional del Mercado de Valores’ (CNMV) presents its Annual Report 2024, in which it reviews the evolution of the markets, its supervisory activity and its main strategic initiatives. [+Info
Tax Agency query of interest
- Subdirección General de Impuestos sobre la Renta de las Personas Físicas
The applicant plans to install photovoltaic panels on his semi-detached single-family house in 2024 in order to improve its energy efficiency. He states that he is in possession of the energy certificate prior to the execution of the work and that, after the completion of the work, he will obtain the energy certificate after the installation within the year 2024. In addition, he plans to install aerothermal energy in 2025 to replace the existing oil boiler and obtain the post-installation energy certificate.
You would like to know if in your case the deduction indicated in section 2 of the 50th additional provision of Law 35/2006, of 28th of November, on Personal Income Tax is applicable or, on the contrary, the deduction foreseen in section 3 of the aforementioned additional provision can be applied.
Binding consultation of the Directorate General of Taxes no. V0001-25. [+Info]
Barcelona, 23rd of May 2025.
