Tag Archives: Spain

These allowances are determined by reference to four categories of legatee. The categories and allowances for 2012 onwards are as follows. Group Relationship with the Deceased Euros I Children, issue and adopted children of less than 21 years of age  … Continue reading →

There is no exemption from inheritance tax or gifts tax on transfers between spouses as there is in the UK and France. It is the donee or beneficiary who is chargeable to tax (not the Executors or Administrators). Tax is … Continue reading →

Residents: Short term Capital gains of residents are taxed as income. Long term gains are now taxed at the following rates: Taxable Base Rate From To Applicable €0.00 €6,000.00 21% €6,000.01 €24,000.00 25% €24,000.01 Onwards 27% Gains made on the … Continue reading →

The total tax payable is the sum of the tax calculated on two scales– the State Scale (Escala General) and the Scale of the Autonomous Region’s scale (Escala Autonomica). The Regional Government determines the latter. Earned Income For example the … Continue reading →

The information contained in these pages is intended to supplement the Jurisdiction Information on SPAIN contained in the 2014 Step Directory and Yearbook published by STEP in association with Michael Soul & Associates These pages provide additional important, tax rates … Continue reading →

Please follow the links below for additional information: Income Tax: Individual Residents Taxation of Capital Gains Taxation of Inheritances (IHT) IHT Family Allowances / Deductions IHT Rates: Non Resident Beneficiaries IHT Rates: Beneficiaries Resident in Spain IHT Higher Rate Surcharges … Continue reading →

Commercial, industrial and residential property development in Spain. The purchase, sale and leasing of commercial or industrial premises. Mortgages, guarantees and Spanish banking law. Town and country planning. Spanish environmental law.

Spanish corporation tax on profits and gains Transfer taxes and Spanish VAT International tax planning with particular reference to the Choice of suitable tax treaties and tax effective holding structures The taxation in Spain of non-resident businesses including: Withholding taxes. … Continue reading →

We act for clients purchasing plots of land, farms, estates, villas and apartments in Spain. We can:- Check that title is registered in the vendor’s name free of any mortgages or charges Advise on the taxes and expenses payable in … Continue reading →