Tag Archives: tax

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 →

  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.

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 →

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 →

If you are selling, we will help you appoint agents and, once a purchaser is found, deal with the sale throughout. We can ensure that your tax bill is kept to a minimum and apply for a refund of any … Continue reading →

Spain is no longer even remotely akin to a tax haven. A harsh package of anti-avoidance measures has been introduced to eradicate tax evasion. Penalties are severe and Revenue staff are uncompromising. By UK standards, the taxation level is high … Continue reading →