Brazil - Tax Treatment of JSCPs in Spain: Past, Present and Future
- R. Calvo; E. San Salvador
- European Taxation, 2017 (Volume 57), No 10
- 12 September 2017
In this note, the authors review the debate regarding the exemption from Spanish corporate income tax for interest on net equity distributed by Brazilian subsidiaries, which has been ongoing since 2010. In addition, the authors discuss the potential treatment under new Spanish and international regulations.