From 2009 the Spanish tax authorities will be carrying out stricter controls regarding the transfer of funds between related companies. This is primarily aimed at the prevention of disguising profits. Companies are obliged to conform to contractually agreed upon standard market pricing.

This is of particular importance for internationally structured companies where the parent company charges a management fee, or delivers goods and services at cost to the daughter company in Spain.

Ibersupport would be pleased to assist and advise you in this area.