Tax Liability: Basic Concepts and Elements
Tax Liability: General Concepts
Serious Fact: A hypothetical set of circumstances, established by law, to determine the tax, and whose occurrence gives rise to a tax obligation.
Contributor: Natural or legal persons, administrators, or holders of property affected by taxes.
Subject of Tax: A person who must withhold or pay a particular tax.
Taxable Income: The quantification of the serious incident on which to apply the tax rate directly to determine the amount of tax liability.
Tax Rate: The amount
Read MoreTax Law Principles: Non-Confiscation, Legality, Budgetary Acts
Non-Confiscation Principle in Tax Law
The non-confiscation principle is a limit on the progressiveness of taxation. It derives from the constitutional recognition of property rights and the internal logic of the ability to pay. Its purpose is to prevent potentially pathological behavior of coercive economic benefits; in other words, an extreme application of progressiveness. It’s a type of punishment, as you are deprived of your property to compensate. It is established as a limit for the results
Read MoreAutonomous Communities: Powers and Financial Autonomy
Subdivisions of the Autonomous Communities
The Autonomous Communities (CCAA) hold powers in matters of territorial organization, with the following limits:
- Institutional guarantee of local autonomy of corporations.
- Guarantee a minimum.
- State competition of the legal foundations of public administrations. The CCAA will have executive powers and legislative development if they have assumed responsibility for administration.
- There are provincial provinces, which accounts for an increase in Navarra powers
Understanding Sovereignty: Key Features and Historical Phases
The concept of sovereignty is linked to the idea that any request is subject to some criterion or justification. For Bodin and Hobbes, ‘absolute’ cannot mean the same as ‘with full arbitrariness’.
Key Features of Sovereignty
We can state the features that persist in the idea of sovereignty:
- It is a political power higher than any other power in society, whose decisions can be imposed.
- It operates from a general justification in reference to a social interest.
- What characterizes it is the power to establish
EU Competition Law: Prohibited Conducts
Prohibited conducts include collusion (Article 101 TFEU and Article 1 LDC) and abuse of a dominant position (Article 102 TFEU and Article 2 LDC). Controlled conducts include mergers (Regulation 139/2004 and Articles 7-10 LDC) and state aids (Articles 107-109 TFEU and Article 11 LDC).
Relevant Market
The definition of the Relevant Market (RM) is provided in the Commission Notice on the definition of the Relevant Market for the purposes of Community Competition Law. It is a concept also used in national
Read MoreVAT Application Management: Key Obligations
VAT Application Management
1. Statements Census
The census of entrepreneurs is part of the census of taxpayers, regulated in the Tax Code and the Regulations of the Tax Inspectorate. Statements include declarations of commencement, modification, and cessation.
- Commencement (High): Notifies the administration of the start of economic activity.
- Modification (Change): Reports changes to the registered data.
- Cessation (Low): Indicates the effective end of the activity.
2. Invoices
Invoice regulation is
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