Personal loans to companies

Neat! Up to now, if you owned more than 5% of a company and lent it money, any interest charged on that loan would be taxed on your general IRPF at amounts of up to 43%. But, tax law 11/2009, just approved, changes this and backdates the change to the 1st of January 2009, which is useful. So now, to work out tax on interest charges, multiply by 3 and your percentage of participation in Continue reading Personal loans to companies