Tax reforms in Spain and in Portugal: How they will impact your company?


Conférence réalisée
31 Mai 2012, 08:30 - 10:30

This event will present the main tax measures recently adopted in Spain and in Portugal, their impact on French companies with a subsidiary or investment projects in these two countries as well as the potential alternatives to be implemented.

Spanish tax reform:

  • Limitation on deductibility of interest expenses

  • New floor for payments on account of CIT, based on book (not tax) profit

  • Limitation of applicable deductions for the year

  • Deduction of goodwill arising on mergers

Portuguese tax reform:

  • Introduction of surtaxes in addition to the standard Corporate Income Tax rate

  • General increase in the domestic withholding tax rates on dividends, interest and royalties

  • Limitations on tax consolidation rules

  • Limitations on tax deductions

  • Increase in VAT rates

  • Update on relevant tax incentives and benefits

Impact on existing structures and potential remedies, planning alternatives


Agnès de l'Estoile-Campi