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04 Apr

Spain: from recovery to resilience (Conference of Governor of the Banco de España about Spanish economy and labour market)

The Governor of Banco de España, Luis M. Linde, participated yesterday, April, 3, in a conference organised by the International Monetary Fund, devoted to the recent evolution of the Spanish economy in the Euro-Zone and European Union context. With the title of “Spain: From Recovery to Resilience”, these are some of the key statements said […]

03 Apr

2017 Income Tax begins: Cases of online phishing detected by the Spanish Tax Agency

As the beginning of the 2017 Income Tax filing campaign draws near, the Tax Agency (Agencia Tributaria, in Spanish) detected several cases of attempted fraud involving the sending of emails or SMS messages containing malicious links claiming to offer tax refunds. These links are usually to fraudulent websites posing as the Tax Agency and requesting […]

03 Apr

How to register in Social Security Treasury General Office

Registration is an administrative act by which the Social Security Treasury General Office (Tesorería General de la Seguridad Social in Spanish) gives an identification and control number to the employer to be used for the employer’s corresponding Scheme in the Social Security System. This number is considered the primary and main Contribution Account Code. The […]

02 Apr

The European Commission proposes to make cross-border payments in euro cheaper across the entire EU

The European Commission proposed last March, 28 to make cross-border payments in euro cheaper across the entire EU. Under current rules, there is no difference for euro area residents or businesses if they carry out euro transactions in their own country or with another euro area Member State. The proposal aims to extend this benefit […]

02 Apr

The CEO as Chief Geopolitical Officer (report published by KPMG)

The professional services firm KPMG, has just published the report “The CEO as Chief Geopolitical Officer”, about the rol that this figure must accomplish in the new world scenery. According to the report, today’s geopolitical environment is nothing like what we’ve seen in the past. CEOs are beholden to the outputs of an increasingly complex […]

28 Mar

(Banco de España): Last figures about the general government debt under the Excessive Deficit Protocol

According to the Banco de España, the general government debt under the Excessive Deficit Protocol (EDP), according to the spring EDP notification to the European Commission, amounted to €1.14 trillion at the end of December 2017. On the basis of 2017 nominal GDP, the debt/GDP ratio stood at 98.3% in 2017 Q4, 0.7 pp less […]

28 Mar

The labour cost of companies in Spain stands at 2.668.84 euros per worker and month

According to the last figures provided by the National Statistics Institute (INE in Spain), the labour cost of companies in Spain stands at 2.668.84 euros per worker and month in the fourth quarter of 2017, with a variation rate of 0.7% as compared with the same period of 2016. These are some of the main […]

27 Mar

Gartner says I&O skills gaps will cause 75% of organizations to experience visible business disruptions by 2020

Two-thirds of organizations are not adequately addressing the infrastructure and operations (I&O) skills gaps that will impede their digital business initiatives, according to Gartner, Inc. Successful I&O organizations will need to implement vastly different roles and technologies during the next five years. Gartner forecasts that, by 2019, IT technical specialist hires will fall by more […]

27 Mar

CNMV approves a new Circular related to financial instruments (published today in BOE)

The National Securities Market Commission (CNMV) has approved Circular 1/2018 on warnings related to financial instruments. The Circular reinforces the obligation to issue warnings in relation to very specific financial instruments, such as CFDs, contingently convertible or subordinated bank bonds or certain structured bonds referenced to illiquid securities or to credit events. This Circular has […]

26 Mar

R&D Tax Incentives : Spain, 2017 (last figures of OECD)

The OECD has just published the R&D Tax Incentives Spain 2017. According to this report, Spain offers in 2017 one of the most generous R&D tax incentive provisions among OECD countries and partner economies, despite the decline in the generosity of the R&d tax credit regime over the 200-17 period. The drop in implied marginal […]

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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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