related parties

Transfer Pricing treatment in the transactions between the professional shareholders and their companies

This note was outlined as a consequence of the result of two sentences of 2017, which show the position of the Spanish Courts in cases related to the transactions between artists and its companies. Firstly, is important to mention the law that regulates the related transactions regarding the shareholders (professionals)…

Simplified Customs declaration and Transfer Pricing. Modification of the Resolution providing instructions for the formalization of the SAD

Last September 1st was published in the Official Gazette the Resolution of August 25, 2017, of the Customs and Excise Department of the Tax Agency, which modifies the Resolution in which the instructions for the formalization of the SAD are set. Among others, modifications are introduced with respect to simplified…

Customs value of goods, in case of related parties. Judgment of the European Court of Justice of January 21st, 2016

Normally, when talking about transactions between related parties the first aspect to consider is related to direct taxation and transfer pricing. However, transactions between related parties also have their impact on indirect taxation, as for example for the setting of the value in customs, which is used for settlement by the…