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December 2018 – TPS News Alert

Published in Newsletters


REMINDER: Spanish resident companies should notice CbCr reporting entity to the Tax Administration before year end

Spanish resident subsidiaries belonging to Multinational Groups obliged to file the Country-by-Country Report must notice to the Spanish Tax Administration the identification data of the reporting entity. For companies whose fiscal year coincides with the calendar year, this means that the communication period for fiscal year 2018 ends on December 31st.

Since fiscal year 2016, the Country-by-Country Report (CbCr), approved at international level in Action 13 of the G20/OECD BEPS Project, has been in force in Spain.

Although the obligation to present this reporting (in Spain, through form 231) corresponds to the ultimate parent companies (or subrogated entities) of the obligated Multinational Groups, companies resident in Spain are obliged to communicate to the Spanish Tax Administration the identification and the country or territory of residence of the entity obliged to prepare and file the CbCr in its residency country.

This communication must be made before the end of the tax period to which the information refers, which for companies whose fiscal year coincides with the calendar year, means that the communication period for fiscal year 2018 ends on 31 December.

As in previous years, the communication must be made using the electronic form available on the website of the Tax Agency:

For those groups that have several companies resident in Spain, there is the possibility of carrying out this procedure all at once, including the Tax Identification Numbers (TIN’s) of all Spanish companies in a single communication.

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