Tax Governance: A balanced approach

The Institute for Fiscal Studies hosted the presentation of the latest work of the Tax and Competitiveness Foundation (Fundación Impuestos y Competitividad) which on this occasion focused on an analysis of tax governance. The event was held by telematic means although there was limited in-person attendance. Mr Alain García Cuenca, Director of the Institute and Mr Víctor Mendoza Díaz-Aguado, patron of the Foundation and representing KPMG, firm in charge of co-ordinating the Project, delivered the opening speeches. The actual presentation of the book began with a presentation given by Mr J...
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Tax Governance: A balanced approach

In the research activity carried out by the Tax and Competitiveness Foundation (Fundación Impuestos y Competitividad), it is usual for the importance of the rules comprising the tax system as well as their actual application to be emphasized. With regard to the latter, where the conduct of taxpayers and the Tax Administration acquires special relevance – both subjects involved in the application of the Tax System - the invocation of “governance” or “good governance” has emerged with growing force. The aim of this new work is to analyse, in detail, tax governance and its different implica...
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Earned income: Proposals for the energization of the tax regime

Following almost 9 years of research sponsored by Fundación Impuestos y Competitividad since its formation, it was time that attention be turned to Personal Income Tax. It was therefore unsurprising that the Foundation's Plan of Action for 2019 should include a project relating to this tax. The specific project in question is based on a partial analysis - very partial one might even say - since it focuses on the treatment given to Earned Income and does so from a perspective which is intentionally biased, since not all the issues relating to this component of income are analysed. The gen...
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Present and future of corporate profit taxation

On July 10, 2019, the presentation of the study promoted by the Fundación Impuestos y Competitividad related to Corporate Income Tax took place at the headquarters of the Center for Political and Constitutional Studies, under the title of Corporate Profit Taxation: Recent Developments, Future Prospects. The event was chaired by Ms. Ana Sánchez Lamelas, Deputy Director of the Centre, Mr. Maximino Linares Gil, Chairman of the Foundation's Board of Trustees, and Mr. Jesús Gascón Catalán, Director of the Spanish Tax Administration (AEAT). Mr. Gascón opened the act by reflecting on the current i...
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Taxation of business profits: recent trends, future prospects

Following eight years of research, the Board of Trustees of Fundación Impuestos y Competitividad has resolved to promote a study focused on Corporate Income Tax, there being many reasons supporting this decision. The recent comprehensive regulation of this tax by means of Law 27/2014 could be seen as a sufficient motive, but the research is also encouraged by other factors. As an example, the habitual controversies surrounding trends in tax revenue since the crisis that began in 2007-2008 and the consideration of whether or not it is sufficient for the primary tax on business activities;...
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New BEPS Monitoring Group document, OBSERVATIONS ON THE “DAC 6” TRANSPOSITION PROCESS

This week, the third week of March, the Tax and Competitiveness Foundation has posted on its website the third “BEPS Monitoring Group” document. “ACTION 12: MONITORING OF THE TRANSPOSITION INTO SPANISH LAW OF “DAC 6” This monitoring group, created to continue the work carried out on the BEPS Action Plan (and the book published on this subject), made a commitment to monitor the latest developments resulting from the Action Plan, particularly potential impacts on legal certainty affecting tax operators. Such circumstances clearly concur in Directive 2018/822 of the Council of 25 May 201...
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Debate on the environmental taxation reform

Monday, October 29, 2018. This Monday, October 29th, Foment del Treball and the Tax and Competitiveness Foundation organised a debate on the reform of environmental taxation. The participants were Valentí Pich, Chair of Foment del Treball’s Economy and Taxation Committee, Josep Bagué, Chair of the Catalan Employers’ Association's Environment Committee, and Maximino Linares Gil, Vice-Chair of the Board of Trustees of the Tax and Competitiveness Foundation, which presented the Foundation's report entitled “Environmental taxation: reflections for a future reform”, a project undertaken by the Foun...
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Supreme Court jurisprudence on tax avoidance

On Tuesday 16 October 2018, in the Main Hall of the Royal Academy of Jurisprudence and Legislation, the public presentation took place of the book “Tax avoidance and anti-abuse clauses in Supreme Court jurisprudence”, authored by the professor of Financial and Tax Law of Seville University, Mr, Florián García Berro. The act was chaired by Mr. Luis Mª Cazorla Prieto, a member of the Royal Academy of Jurisprudence and Legislation, and Mr. Jesús López Tello, president of the Taxes and Competitivity Foundation. During the first part of the presentation the author explained the main lines...
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