On 30 January 2021, Spain’s Official State Gazette published Royal Decree 1/2021, which established certain amendments in Spain’s Generally Accepted Accounting Principles (El Plan General de Contabilidad or “PGC”), such as the GAAP for Small and Medium Sized Businesses (SMBs), the rules for preparing Consolidated Annual Financial Statements and the rules for adapting the GAAP to non-profit institutions
Rodrigo Ogea is the managing partner of the Madrid office since October 2017. He joined the Firm in 2003 and became a partner in 2005. He heads the Tax Practice Group in Madrid since 2008. He also serves in the Steering Committee of the European Tax Planning and Transactions Group. Recognised as one of the most prestigious tax lawyers by Chambers, he is a trustee of the Foundation for Taxes and Competitiveness, member of the tax committees of CEOE (Spanish Trade Board), Círculo de Empresarios, the International Chamber of Commerce (ICC), the US Chamber of Commerce in Spain and the American Business Council. He has also been the Spanish representative to the European Commission Expert Group for the Removal of Tax Obstacles for cross-border European Private Equity Investments.