Look-Through Tax Treatment of Foreign Entities in Spain – Background and New Guidance

Journal
Author
Sánchez de Castro Martín-Luengo, E.
Country
International; OECD; Spain
Published Date
Issue
Bulletin for International Taxation 2020 (Volume 74), No. 6
FormatPDF
EUR
45
| USD
50 (VAT excl.)

A new resolution has been issued on the qualification of foreign entities as look-through entities for Spanish tax purposes. It establishes the tax treatment in the jurisdiction of incorporation as the single element to be considered, instead of assessing its legal nature. The resolution, however, increases the level of uncertainty.