Nearly 350 economists and tax advisors will address the new tax challenges in Tenerife at the REAF Annual Conference

The island of Tenerife will host this week, on November 16 and 17, the celebration of the REAF Annual Conference (Registry of Tax Advisory Economists) the meeting of the General Council of Economists of Spain. This is the first time that this meeting will be held on the island, where nearly 350 experts and tax advisors from the national and regional levels will meet to analyze the new challenges that arise in the financial and tax field. , identify common interests and generate alliances. The meeting is organized with the College of Commercial and Business Graduates of Tenerife (COTIME), and will be used to highlight the tax advantages and incentives of the Canary Islands to attract investments and generate alliances. It will address technical issues and strategic aspects useful for the operation of the offices.

On November 16, the official opening ceremony of the Conference will take place, led by the president of the General Council of Economists, Valentín Pich Rosell, the Secretary of State for Finance, Jesús Gascón, the president of the Cabildo of Tenerife, Rosa Dávila, and the Deputy Minister of Economy and Internationalization of the Government of the Canary Islands, Gustavo González de Vega. The opening ceremony will also feature the participation of the president of REAF Asesores Fiscales- CGE, Agustín Fernández, and the dean of the College of Commercial and Business Graduates of Santa Cruz de Tenerife, Samuel Cruz.

Samuel Cruz, dean of COTIME, highlights the importance of Tenerife being chosen for the annual celebration of the Conference, “which makes it a great opportunity to publicize in depth the tax advantages and incentives that our territory offers, “which represent substantial savings in the tax bill of companies, to generate alliances and attract investments for the Island and the Canary Islands.” “The Islands are ready and have the resources and experience to lead large investment projects,” said the dean.

The first conference of the program will be given by the president of the Canary Special Zone Consortium (ZEC), Pablo Hernández, who will address the different opportunities for Spanish and European companies in the ZEC.

The agenda will be enriched with different work sessions to address key issues related to the process of transformation to electronic invoicing, internal and international regulations and problems of tax residence, and taxes on Wealth, Inheritance and Donations, among other issues. .

On Friday the 17th, the second day will include specific technical sessions on the 2024 tax news, the incentives of the Canary Islands Economic and Fiscal Regime (REF), the accounting record of the provision of services, and controversial tax aspects of the beneficiary entities of the patronage.

The closing ceremony, scheduled for 2:00 p.m. on Friday, will be attended by the vice president of the Government of the Canary Islands, Manuel Domínguez, together with the dean of the College of Commercial and Business Graduates of Santa Cruz de Tenerife, Samuel Cruz, the deans of the College of Economists of Santa Cruz de Tenerife and Las Palmas, José Luis Casajuana and Alcibiades Trancho, and the president of REAF Asesores Fiscales – CGE, Agustín Fernández.

Tenerife Weekly News