Our company, offering nationwide coverage, specialises in professional services that include consulting, auditing, assessment (tax, legal, accounting and employment) to SMEs and multinational companies.
We have over 35 years’ experience which consolidates us as one of the professional service firms with greatest market expertise—both domestically and internationally.
On June 6 and 7, Baker Tilly celebrated their first Legal Conference in Palma de Mallorca, attended by members of the Baker Tilly International network from over more than 25 countries and 4 continents. During the conference there was a plenary session with several keynote speakers and guests, as well as specific work sessions for each of the law specialisations and at the end a networking dinner.
The carry forward period for tax loss in Spanish Corporate Income Tax has been extended indefinitely. But did you know if a company experiences a substantial change in his controlling interest and some circumstances exist, then the right to offset previous losses may be completely disallowed?
The Spanish tax neutral regimen applies to restructuring transactions such as mergers, spin-offs, special contributions-in-kind, share for share deals among others and it is based on the tax regime of the EU Merger Directive. The application of this tax regime allows entities and individuals involved in the reorganization transaction to defer the taxation.