The exemption for earned income abroad

The Personal Income Tax Law (article 7.p) regulates the exemption for income derived from work abroad for the benefit of a non-resident entity, provided that a series of requirements are met.

However, the lack of clarity of the legal text that has regulated this benefit has led to the existence of a harsh controversy over the application of the exemption to directors and administrators. Enric Montagut, senior associate in Tax Law, reflects on this debate in his article published in Cinco Días.

Access to the full article.