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Tag Archives: NTW
Wealth Tax
Residents: For residents the tax applies to worldwide wealth. Net taxable wealth (NTW) is taxable at rates of up to 2.5 per cent per annum. To arrive at NTW each taxpayer (whether resident or non resident) may deduct EUR700,000. Additionally … Continue reading
Tagged Civil Code Subject, Earned Income, EUR, law firms in spain, lawyers in spain, NTW, Rate Applicable, solicitors in spain, Spain, spanish lawyers, spanish speaking english lawyer in spain, Spanish State, tax, Tax Due, Taxable Base, Wealth Tax
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