Business management is not always an easy road. Sometimes, economic, or internal circumstances can lead a company to encounter significant financial or operational difficulties. In such cases, restructuring the company become as a vital option to ensure its long-term survival. In this article, we will look at the procedures involved...
IMPROVEMENTS INTRODUCED IN THE VALENCIAN COMMUNITY IN RELATION TO INHERITANCE AND GIFT TAX
The Valencian Council has recently published a draft bill amending articles 10.bis and 12.bis of Law 13/1997, of 23 December, which introduces the following tax benefits which apply from 28 May 2023: 1.- The following exemptions are introduced for inter vivos transfers (gifts): - An exemption of €100,000 when the...
NEW UPWARDS OF MILEAGE/ KILOMETRIC ALLOWANCES
Order HPF/792/2023 of 12 July 2023 on the revision of the amount and allocation of travel expenses for Personal Income Tax purposes, published in the Spanish Official Gazette on 17 July 2023, revises upwards the total amount of MILEAGE / KILOMETRIC ALLOWANCES FOR TRAVEL EXPENSES exempt from Personal Income Tax....