New regulations for 2014

Law 1/2014, dated 28 February, on the protection of part-time workers and other urgent economic and social measures.

The fifth Final Provision of this law is intended to comply with the regulatory adaptation of the European Commission Decision of 17 July 2013 on the tax regime applicable to certain financial leasing agreements, with respect to administrative authorisations granted under the provisions of section 11 of article 115 of the consolidated text of the Corporate Income Tax Law and the special tax regime for shipping companies based on tonnage, in favour of economic interest groups, which remain in force.

This law adds DT 42 TRLIS which indicates that:

• The provisions set out in section 11 of article 115 of this law, for the current version as of 31 December 2012, will not apply given that they constitute incompatible State aid according to the terms laid out in the aforementioned Decision.
• The special tax system according to tonnage for shipping organisations will not be applicable to economic interest groups, in light of the fact that it constitutes incompatible State assistance according to the terms laid out in the aforementioned Decision.

para la protección de los trabajadores a tiempo parcial y otras medidas urgentes en el orden económico y social.(BOE, 01-marzo-2014)