International Tax

Business Operations in Spain (Portfolio 984)

  • The Portfolio contains information designed to enable U.S. and other foreign investors to understand the commercial and tax law likely to be of concern to them when conducting their operations in Spain.

Description

This Portfolio analyzes in detail the statutory and procedural framework for foreign investment in Spain, as well as general aspects of corporate law, which may help a foreign investor to choose the best investment structure. It also provides a detailed analysis of the Spanish income tax as it applies to individuals, corporations, and partnership-like entities. The Portfolio also discusses the net worth tax, the inheritance and gift tax, the value added tax and other taxes on transactions and services, as well as local and regional taxes.
In addition to the discussion of Spain’s tax treaties contained in the Detailed Analysis, a comparative table of the withholding rates provided for in the tax treaties is contained in the Worksheets as well as a complete list of all Spain’s tax treaties and the text of the Spain-United States tax treaty.

 

Table of Contents

I. Spain – An Overview

II. Operating a Business in Spain

III. Forms of Doing Business In Spain

IV. Principal Taxes

V. Taxation of Domestic Corporations

VI. Taxation of Foreign Corporations

VII. Taxation of a Branch

VIII. Taxation of Partnerships

IX. Taxation of Other Business Entities

X. Taxation of Resident Individuals

XI. Taxation of Nonresident Individuals

XII. Inheritance and Gift Tax

XIII. Value Added Tax

XIV. Other Taxes on Transactions and Services

XV. Local Taxes

XVI. Intercompany Pricing

XVII. Special Provisions Relating to Multinational Corporations

XVIII. Avoidance of Double Taxation

XIX. Tax Procedures

Top