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International

CORPORATE TAX RATE OF 4% INSIDE EUROPE? The Spanish Canary Island Special Zone (ZEC) offers an unrivaled tax regime

Corporate Tax rate of 4% inside Europe? The Spanish Canary Island Special Zone (ZEC) offers an unrivaled tax regime The European Commission authorized in 2000 a special tax regime for the Canary Islands (know as ZEC), as part of the policy of promoting social and economic development for the region. An unrivaled tax regime for companies...
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ZEC Canarias

Canary Island Special Zone: A tax rate of 4% offers the most attractive economic environment for companies throughout EU.

The European Commission authorized in 2000 a special tax regime for the Canary Islands (ZEC), now extended until year 2026. Within the policy of promoting social and economic development for the region, the current tax regime offers what can be considered the most attractive tax environment for companies carrying out industrial, commercial or service activities...
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Door opened to claim for tax refund for non EU residents

The Spanish Supreme Court declares that legal residence cannot imply loosing local tax exemptions The Spanish Supreme Court has issued a Court Ruling in February 19, 2018 (nº 242/2018) that analyzes the discrimination in which the Spanish Gift and Inheritance Tax Law falls when excluding non UE donees and heirs that acquire assets of any kind...
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