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At the request of the National High Court, the Ministry of Finance has published a resolution of the European Commission of February 15, 2017 for the regulation of the sanctioning regime of the information on assets located abroad; the Form 720. We recall that the Form 720 was created as an obligation to inform on goods and rights located abroad…

The Official State Gazette (BOE) published on December 27 the increase of the gross Minimum Interprofessional Wage (SMI) to 900 euros in 14 monthly payments. This measure will come into effect in January 2019, assuming an increase of 22.3% with respect to the 2018 SMI (€ 735.90). The new SMI will affect both permanent and temporary workers, as well as…

In our October 10 entry, "Maternity benefit exemption", we commented on the Supreme Court sentence 1.462 / 2018 regarding the exemption in Personal Income Tax (IRPF) of maternity benefits received from the National Institute of Social Security (INSS). As expected, the ruling of the High Court was welcomed very positively by the taxpayers affected. And, from the moment of its…