Highlighted articles and news
Re-establishment of the wealth tax (2011)
As we all know, Law 4/2008 of 23rd December suspended the Wealth Tax (IP, Impuesto de Patrimonio) in Spain. Only 3 years after and 15 days before the Houses’ dissolution, the Government has recovered it under a Royal Decree Law for taxpayers with wealth exceeding 700 thousand Euros. Then, under Royal Decree Law 13/2011, of 16th September, the Wealth Tax is re-established on a temporary basis.
Partial reform of the capital companies law
Law 25/2011, of 1st August, of partial reform of the Capital Companies Law (“LSC” for Ley de Sociedades de Capital (“LSC”)) and incorporation of Directive 2007/36/EC of the European Parliament and the Council, date 11th July 11, on the exercise of certain rights of shareholders in listed companies was published last 2nd August 2011 in the State Official Gazette.