Suspension of the 25% retaliatory tariffs against US-built yacht
Non Spanish entities chartering might be taxable in Spain on the charter income obtained in Spain. The potential taxation will depend on whether the non-resident entity has a permanent establishment in Spain or not.? ?In the event the entity had a perman…
?In the event the entity had a permanent establishment in Spain, the income obtained in Spain would be taxable at 25% tax rate as Spanish companies. The tax rate would be applicable to the chartering activity net profit, determined as a difference of income and expenses related to the chartering activity. ?
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