Iberia: Taxing legislation
When dealing with international corporate and economic activities, Spain has always struggled with the concept of an 'offshore jurisdiction'. From the Anglo-Saxon perspective, using an offshore jurisdiction means using a jurisdiction that is different from your own. From this point of view, Belgium or the UK are offshore jurisdictions with regards to Spain. However, from the Spanish perspective, using this expression while investing or structuring is usually interpreted as investing through a tax haven and relating to transactions that are not disclosed to the Spanish authorities.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651