Tuesday, October 8th, Embassy of Spain
2375 Pennsylvania Avenue, NW, Washington, DC 20037
On July 16, 2019 the U.S. Senate voted in favor of ratifying the new Protocol amending the Convention between the United States of America and the Kingdom of Spain for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income, and its Protocol signed at Madrid, on February 22, 1990. On August 6, 2019, President Donald Trump signed the instrument of ratification and the new Protocol will enter into force on November 27, 2019.
On this occasion, the Embassy of Spain is organizing a panel to inform about substantial changes to the existing treaty as the new Protocol will provide for exclusive residence-state taxation of interest, royalties, certain capital gains and certain parent-subsidiary dividends; it will mitigate double taxation and tax withholding on companies and will include a mandatory binding arbitration provision to resolve disputes. The new Protocol also provides for the full exchange of information between the competent authorities to facilitate the administration of each country´s tax laws.
Event Agenda
09:15 Registration and Networking
Breakfast will be served
09:45 Introduction and Welcome Words
Santiago Cabanas, Ambassador of Spain to the United States
09:50 Invest in Spain
José Luis Kaiser, Chief Economic and Commercial Counselor
10:10 Panel with experts: A new Tax Framework
Roberta Poza – Partner, International Tax, PwC Spain
Carlos Concha – Partner, International Tax, PwC New York
Moderator: Ana Fernández-Daza, Financial Counselor
11:15 Q&A
11:30 End of Event
If you wish to participate, please send an email to washington@comercio.mineco.es.
