commerce Tag

13 Aug A very important sentence by the Spanish Supreme Court about permanent establishments in Spanish territory may involve the multinational groups to review their structures in order to avoid the possible existence of unwanted, permanent establishments.

The Spanish Supreme Court has recently ruled the verdict number 1626 / 2008 (case "Roche") and concluded that the activity of manufacturing and sales promotion undertaken by Roche Vitamins, S.A. (RV), a Spanish branch of the Swiss company Roche Vitamins Europe Ltd.  (RVE) constitute a...

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08 May New legal regulation on obligatory information to be provided to Spanish authorities about private financial transactions with abroad

A new regulation in Spain for residents who carry out transactions with abroad has been approved and shall be applicable from January 1st, 2013.  Here is a translation of its contents: First rule. Obligation to report. The present regulation is for individuals and legal persons (public or...

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