The article reports on a ruling issued by Brazil's Central Economic Administrative Tribunal on dividends and shares in income under the Spanish Corporate Income Tax Law. The ruling states that the juros sobre o capital pr贸prio (JSCP) distributed by Brazilian subsidiaries should not qualify in ...
Capital gains on share transactions within the holding company are tax-exempt. Dividends that the holding companies pay their non-resident investors are tax-exempt, as long as those investors are not based in so-called tax havens. Spanish resident individuals who perceive dividend payments from ...
Non-Resident Income Tax Residents in Spain are obligated to pay tax on their worldwide income to the Spanish authorities, including earnings, dividends, interest, royalties, capital gains, and pensions. However, non-residents only have to paytax in Spainon these income sources within Spain – bu...
In particular, the market value of the firm should not change if the firm reschedules dividends from one day to another day. This proposition is tested by regressing daily stock returns on a weekend dummy, a dividend dummy and their interaction. The first two variables should capture the ...
debt.1On the other hand,Blouin et al. (2010)find evidence suggesting that under-levered firms have difficult-to-measure non-debt tax shields that are not captured in researchers’ estimates of taxable income, opening up a debate about how to measure the effect of substitutes for fiscal ...
Is there a convenient place or relatively easy means to identify all preferred stocks (in any sector) that fall under the dreaded K-1 status. I'm all for supporting the local tax accountants but, going forward, it would be nice to never see "K-1" again!
Meet Spain’s PGC and NOFCAC criteria for consolidated financial statements and corporate tax returns.
Contrary to other studies of Europe, we find that the best option is to reduce payroll taxes on skilled labour. This reform is the most successful both in increasing demand and in dampening the supply response to rising wages. All the recycling schemes also generate dividends in terms of ...
tax reformemission permit auctionsemployment dividendcomputable general equilibrium modelsThis paper analyses the impact of carbon policy on unemployment in Spain and whether recycling the public revenues earned from permit auctions can alleviate this problem. While Spain's deviation from the European Union...