The default table only applies where the beneficiary is non resident – Regional rates will apply where the beneficiary is resident. For example in Andalucía the top rate is 36.50%
Especially beneficial rates and rules apply where the deceased has been habitually resident in an autonomous region, such asMadridor the Balearics, for at least five years before his/her death
As will be seen the scale incorporates a basic amount of tax for the relevant slice (e.g.: Euros “A” on X thousand Euros) and a further marginal rate of tax on the excess (e.g.: B % on the excess up to Z thousand Euros).
Please note: The information contained in these pages is given without charge and without responsibility. It is not a substitute for proper professional advice which we shall be happy to give if so instructed.