Earlier this autumn, the Spanish Constitutional Court declared the system of calculating plusvalia capital gains tax as unconstitutional. As a result, the beneficiaries of this tax (local councils) all over …
Wealth tax (impuesto de patrimonio) is a Spanish tax that, instead of taxing income or expenditure, taxes people’s possessions. This is a tax that takes many foreigners by surprise as …
Buying a luxury property in Spain? Don’t get caught out by wealth tax Read More
The Spanish Constitutional Court has ruled that the municipal capital gains tax, a tax that is levied when a property is sold or inherited, is unconstitutional. The Incremento del Valor …
Spanish court rules the plusvalía capital gains tax unconstitutional Read More
In general terms, you are tax resident in the country that you spend more than 183 days in a year. However, there are circumstances that mean a person can be …
Like rental properties, rental premises in Spain are subject to taxes. As a result, your net earnings from letting premises form part of your annual income and must be declared …
Spain has traditionally been a country with a low percentage of tenants, but over the last few years, the number of people who prefer to rent rather than buy has …
General context On the 1st of February of 2020, the UK withdrew from the EU, setting out the arrangements for the withdrawal in the Agreement on the withdrawal of the …
With the development of a free trade zone in Los Barrios, Maria Jesus Montero, the Minister of Finance, has laid the first stone for the rise of the El Fresno …
Nowadays, in the economic crisis brought on by the pandemic, there are property purchases that do not end well because of problems such as the buyer’s inability to get a …
