News updates
National
- Transparency reports.[+Info]
The list of entities that have submitted the Transparency Reports for 2023 has been published.
Through these reports, companies reinforce their commitment to good corporate tax transparency practices, in line with the provisions of the Code of Good Tax Practices approved by the Large Companies Forum.
- Catalonia reinforces its Tax Agency with 102 new staff for 2025’s income tax campaign. [+Info]
The Catalan Tax Agency (ATC) will increase its participation in 2025’s income tax campaign with the temporary incorporation of 102 new staff. In addition, the Government plans to call for 90 new permanent positions to strengthen the structure of the ATC, with the aim of progressively taking over the management of taxes paid in Catalonia, especially 2026’s personal income tax.
- The Spanish Association of Tax Advisors (AEDAF) publishes the commentary to the Supreme Court (SC) ruling of 13th of November 2024 which addresses the question of whether the application of the reduced rate of Value Added Tax (VAT) is appropriate. [+Info]
International
- EFRAG (European Financial Reporting Advisory Group) January 2025’s update and podcast on the latest developments in financial reporting and sustainability standards available. [+Info]
- The agenda and papers for February’s 2025 meetings of the International Accounting Standards Board [+Info] and the Sustainability Standards Advisory Forum are now available. [+Info]
- EFRAG publishes several educational videos on the Voluntary Disclosure Standard for SMEs. [+Info]
CNMV Communications
- The CNMV (Comisión Nacional del Mercado de Valores) publishes the Financial Stability Note with data on market closures in 2024 and an assessment of the most relevant risks. [+Info]
- The CNMV adopts European guidelines for assessing the suitability of members of the Management Body and Shareholders of cryptoasset service providers. [+Info]
Banco de España press releases
- Spanish companies consider that access to bank financing continued to improve in the fourth quarter of 2024. [+Info]
Consultation of interest by the Spanish Tax Agency
- Subdirección General de Impuestos sobre la Renta de las Personas Físicas (Subdirectorate General for Personal Income Taxes)
The applicant made payments in 2023 to a lawyer for her legal defence due to her disagreement with the evaluation of the selection board in the competitive examination process for internal promotion in the Extremadura Health Service. He points out that the candidates who obtained a place took up their posts on the 2nd of October 2023 and that he has asked the Extremadura Health Service to amend the definitive list of successful candidates. In the event that his appeal is upheld by the Contentious Administrative Jurisdiction, he requests the retroactive application of the economic and administrative effects of the appointment.
The trial was held in November 2023 and the judgment was handed down in February 2024. As there is a possibility of appeal to the Litigation Chamber of the High Court of Justice of Extremadura, the litigation is still ongoing. The applicant would like to know whether the lawyer’s fees can be deductible for personal income tax purposes in accordance with article 19 of Law 35/2006.
Binding consultation of the Directorate General of Taxes no. V1831-24. [+Info]
Barcelona, 25th of February 2025.
