Ireland and Spain have concluded a treaty for the avoidance of double taxation and the prevention of tax evasion. The double taxation agreement (DTA) is applicable to income and capital gains, and it is available for both natural persons and legal entities performing taxable activities in one of the two countries. The treaty is mutually applicable for the Irish and Spanish citizens, tax residents of the two contracting states. Our team of Irish company formation representatives can provide more details on the provisions of the treaty and ways in which they are imposed.

Taxes under the Irish- Spanish DTA

As mentioned above, the treaty is available for income and capital gains, as well as for the gains obtained from movable or immovable property. According to the stipulations of the treaty, the two countries are imposing similar taxes, but there may appear differences which arise from the legislations of each jurisdiction.

Irish tax residents will be taxed in Spain for the following taxes:

• the income tax on individuals;

• the corporate tax.

Persons interested in company registration in Ireland, who are tax residents of Spain, will be taxed for the following:

• the income tax;

• the corporation tax;

• the capital gains tax.

Being a tax resident of one of the two contracting state refers to the fact that the respective state can impose a tax based on the following:

• domicile;

• residence;

• place of management;

• other similar situations.

Our team of Ireland company formation agents can offer more details on the ways in which taxes are imposed here and on the taxes that must be paid by foreign persons.

The taxation of the business profits explained by our Irish company formation experts

As a general rule, the business profits of a company are always taxed in the country in which the respective business carries its operations. If the company has an office or other establishment in the other country, which is considered a permanent establishment, the business profits will be taxed in the other country. That is, a Spanish company operating in Ireland through a permanent establishment will be taxed in Ireland, but it is important to know that the company will be imposed with the above mentioned taxes only in respect to the business profits obtained in Ireland.

Businessmen are invited to find out more details on the Irish – Spanish double taxation agreement from our team of specialists in company formation in Ireland.

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Ireland - Spain Double Tax Treaty

Taxes under the Irish- Spanish DTA

The taxation of the business profits explained by our Irish company formation experts

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