Spain: German real estate funds: An update on the tax optimization alternatives in Spain

Real Estate Tax Services Newsalert ()

In the last decade German real estate funds have been a major player in the Spanish real estate market. Their taxation in Spain has been subject to a number of tax rulings and interpretations, some of them not exempted from controversy. Recent legal amendments have turned the typical investment through a permanent less tax efficient thatn the direct investment route.

All issues of Real Estate Tax Services Newsalert

Apr 2013 Poland: Step-up in tax base value of real estate assets resulting from changes to the Polish Corporate Income Tax Law
Mar 2013 Spain: Spanish real estate tax updates: REITs, step-up in property values, and other developments
Mar 2013 Germany: New German tax bills impact real estate investment structures and reorganisations
Mar 2013 Germany: Investment advice provided to an investment fund is exempt of VAT
Feb 2013 Germany: German Federal Council plans to end RETT Blocker Schemes with retrospective effect
Feb 2013 OECD - Special Edition: OECD "base erosion and profit shifting" report looks to action plan
Jan 2013 Spain: New Spanish REIT rules approved
Dec 2012 Luxembourg: New tax measures for 2013
Dec 2012 AIFMD - Special Edition: AIFMD: the finer details take shape
Dec 2012 Luxembourg: New tax measures for 2013 - Clarification in relation to the minimum corporate income tax
Dec 2012 Germany: New tax rules for funds and their investors to accommodate the Alternative Investment Fund Managers Directive (AIFMD)
Nov 2012 Germany: Electronic filing of accounts for German tax purposes under the so-called “E-Bilanz” becomes mandatory
Nov 2012 Turkey: Real Estate Transfer Tax increased
Nov 2012 Germany: Germany moves towards implementing the Alternative Investment Fund Managers Directive
Nov 2012 Turkey: Amendment to real estate acquisition limits for foreign citizens
Oct 2012 Spain: New RETT rules on share deals coming
Oct 2012 Sweden: Sweden proposes to reduce the corporate income tax rate to 22% and apply new Interest Stripping Restrictions from 2013
Oct 2012 Germany: German Ministry of Finance plans to end so-called "RETT Blocker Schemes"
Oct 2012 Poland: Changes to the Polish Corporate Income Tax Law
Sep 2012 Netherlands: Extension of real estate transfer tax allowance in case of resale
Aug 2012 Luxembourg: New Luxembourg limited partnership and carried interests provisions
Aug 2012 Asset management: Real Estate Tax Services Newsalert: Spain passes budget stability guarantees: PwC
Aug 2012 Spain: Spanish SOCIMI: Proposals to become a real REIT
Jul 2012 Spain: RETT on share deals: The end of the story?
Jun 2012 Germany/Netherlands: New Double Tax Treaty signed between Germany and the Netherlands
Jun 2012 Poland/Luxembourg: New protocol to the Double Tax Treaty between Poland and Luxembourg
May 2012 Canada: Canadian thin capitalisation limitations tightened
May 2012 Netherlands: New rules for RETT on interests in Dutch real estate entities without legal personality
May 2012 Luxembourg: Luxembourg real estate owning companies – minimum charge to corporate income tax
May 2012 Spain: Tax measures under the new legislation on the restructuring of the real estate portfolios owned by credit institutions
May 2012 Australia: Managed Investment Trust Update
Apr 2012 Spain: Spanish Government approves second round of tax measures aimed at reducing the public deficit
Apr 2012 Germany: New Double Tax Treaty signed between Germany and Luxembourg
Apr 2012 Sweden: New Swedish Interest Stripping Restrictions to apply from 2013?
Mar 2012 Real Estate Tax services Alerts Germany March 2012 German government suggests 12 tax changes in a newly issued concept paper
Mar 2012 Austria: Fiscal Stability Package 2012: Planned Tax Law Amendments in Real Estate Taxation
Mar 2012 Real Estate Tax services Alerts Germany March 2012

Relief from German withholding taxation for non-resident parent entities tightened
Mar 2012 Austria: Fiscal Stability Package 2012: Planned Tax Law Amendments in Real Estate Taxation
Mar 2012 Germany: Relief from German withholding taxation for non-resident parent entities tightened
Feb 2012 France / Luxembourg: Proposed renegotiation of the France-Luxembourg double tax treaty
Feb 2012 United States: Long-awaited proposed FATCA regulations issued
Jan 2012 Ireland: Irish Budget 2012 ― What does it mean for you?
Jan 2012 Spain: New Spanish Government approves measures to reduce public deficit and makes tax amendments for years 2012-2013
Dec 2011 Italy: The new tax regime of Italian Real Estate Investment Funds
Nov 2011 Germany: Sale of bad debts without recourse is not a provision of services
Oct 2011 Germany: New developments on German withholding taxation
May 2011 Spain: German real estate funds: An update on the tax optimization alternatives in Spain
May 2011 Luxembourg: Tax Authorities issue Circulars on Intra-group Financing Activities
Apr 2011 UK: Budget Report 2011
Mar 2011 Netherlands
Feb 2011 Luxembourg: Issue 4
Feb 2011 Spain: Issue 2
Feb 2011 Germany: Issue 1
Feb 2011 France: issue 3
Dec 2010 Germany: Issue 13
Dec 2010 Poland: Issue 12
Jul 2010 Austria: Issue 8
Jun 2010 Italy: Issue 7
Apr 2010 Australia: Issue 6