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

France

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

Intervenants

de L'Estoile-Campi Agnès
Agnès de l'Estoile-Campi
Associée
Paris