Provide our clients with a detailed report with all the taxes implications of a specific country, as well as, the tax estimated for a qualified professionals to facilitate their displacement in the future. Application of the special expatriate tax regime.
Advice about the application of the article 7P of the tax law or the excess regime as appropriate. Development of the 7P management systems for companies and professionals. Prepare a report on the necessary calculations for the application of the tax equalization to an employee.
An individual who, working as an employed person has to move to Spain to reside for a long period, can choose to pay tax in accordance to the regulations of non-taxed residents during the first calendar year in which the worker remains more than 183 days in Spain (when he/she would become a tax resident) and the next five fiscal years.
This regime, also known as the Beckham Law, involves the taxations for the income obtained in the Spanish territory, it is, from the income of works done since his arrival to Spain and until the date of communication of his departure. Employment income up to EUR 600.000 are taxex at a rate of 24%. From EUR 600,000 onwards, these incomes are taxed at 45%.