The Portuguese government has recentlybeen very active approvingnew legal measures that relate to the corporate word. Most of these measures were outlinedin the Capitalisation Programme (Progama Capitalizar) that was approved by the Government lastyear.
The judgement of the European Court of Justice (ECJ) in case C-682/15 (the “Berlioz” case), handed down within the framework of a preliminary ruling referral by the Luxembourg Administrative Court, was published on 16 May 2017.
In a recent decision by the Spanish High Court, dated 8 March 2017, the court concluded that severances paid for dismissal or termination of senior executive employment relationships could be totally or partially exempt from taxation for
When the main economic indicators – in particular the growth rate – show signs of recovery in the Portuguese economy after the recent financial crisis, the Portuguese tax and legal system present a set of attractive and
In recent years, the Chilean economy has become one of the most attractive economies in Latin America for foreign investment. As a result, many Spanish companies consider Chile as a land of opportunity and a
After a long and troubled process, in April 2015 the EU Regulation no. 2015/751 of the European Parliament and Council (Regulation on the Interchange Fees) was approved. The most striking feature of this regulation was the setting
Pursuant to the EU Council Directive 2015/121 (the “Directive”), all Member States were required to adopt new provisions implementing a general anti-avoidance rule (“GAAR”) to prevent abusive tax planning structures aimed at benefitting from the participation
The approval of the non-habitual tax resident regime in 2009 is another reason why Portugal has become a premium destination for foreigners. This regime allows foreigners to benefit from zero per cent taxation on the majority
At the beginning of 2015, new rules related to the taxation of individuals came into effect, as well as a new “green tax reform”. Meanwhile, in parallel, policies related to corporate taxation are being continuously improved
The draft bill on personal income tax, Impuesto sobre la Renta de las Personas Físicas (IRPF), and non-resident income tax, Impuesto sobre la Renta de No Residentes (IRNR), is going through the Senate of
