Changes in international taxation cause uncertainty in Spanish SMEs

The spanish companies they need stability for the proper development of its functions, something complicated in times as unpredictable as the current ones. In this context, the Spanish Association of Tax Advisors, AEDAF, has recently held a conference dedicated to the international taxation.

Stella Raventós Calvo, president of AEDAF, opened the conference, together with Antonio Barba de Alba, coordinator of the Group of Experts on International Taxation and Transfer Pricing of AEDAF. The president of AEDAF highlighted the moment of fundamental changes in international taxation and uncertainty that this generates in economic operators and lamented that “On many occasions, the internationalization of the Spanish company is not favoured”.

Concern about this practice

Throughout the morning, the members of the Group of Experts on International Taxation and Transfer Pricing delved into the practical impact of international legislative initiatives in the field of international taxation: proposal for a “sell companies” directive, “Pilar2” global minimum taxation and multilateral agreement.

Antonio Barba, coordinator of the group, highlighted “the “concern” caused by this dizzying succession of changes in aspects as relevant as international payment flows or the taxation of parent entities of consolidated groups”.

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The attendees had the vision of the tax administration provided by Luis Jones, head of the national office of international taxation of the AEAT, who explained the priorities of the agency to achieve the correct implementation of these initiatives in Spain.

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