Brussels, 20/11/2015 (Agence Europe) - On Thursday 19 November, the European Commission sent a reasoned opinion to Spain calling on the country to change its rules on the taxation of certain income received by foreign non-profit entities and of certain contributions to these entities.
Currently, Spanish non-profit entities can benefit from certain tax exemptions, as can taxpayers who support them financially, in respect of their contributions. These tax exemptions are not applied to foreign...