European Justice knocks down the model 720 about Patrimony
The Court of Justice of the EU rules that the restrictions on the free movement of capital that it imposes are disproportionate and the fines are very high. This decision of the European Court does not imply the repeal of the obligation to present form 720, whose term for the 2021 financial year expires on March 31…
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Non-Resident Tax (modelo 210) for those owners with properties in Spain
All those Non-Residents with properties in Spain are due to present and liquidate the referred TAX before the end of 2021.
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GOLDEN VISA for Real Estate Investors
In this blog we will analyce the requirements that must be met to obtain the “Golden Visa” in Spain through real estate investments, as well as the terms of validity of this.
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Transfer Tax and Stamp Duty in Andalusia (Part IV)
As a general rule, in company operations the tax rate to be applied is 1%, but there are several exceptions. In some operations the tax rate will be zero, but a tax submission must still be made.
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Deemed income tax for individuals not resident in spain
If you are a non-resident in Spain and you own an urban property located in this country, you will be subject to non-resident income tax.
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Municipal Gain Tax
We must mention that colloquially it is called Municipal Capital Gains (Plusvalia Municipal), however, its correct name is «Tax on the increase in value of urban land. This is the reason why colloquial terminology is so popular.
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Transfer Tax and Stamp Duty in Andalusia (Part III)
In this post our Law firm in Marbella analyses the tax rate of the transfer tax and stamp duty or “ITP and AJD” which is defined as the amount that the taxpayer must pay.
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Transfer Tax and Stamp Duty
The Tax on Patrimonial Transmissions and Stamp Duty (Impuesto sobre Transmisiones Patrimoniales y Actos Jurídicos Documentados in Spanish) is regulated in the Spanish Law 1/1993, of September 24, which was developed further by the Spanish law 828/1995, of May 29.
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Taxation of non-residents in Spain for the Succesion Tax. Part 2
As a brief summary of the previous post, we will keep in mind the following points:
To know the residence of the deceased and therefore know the regional law to be applied, when the deceased and their heirs are residents of Spain and in the event that the deceased is resident in Spain and their heirs are non-resident in Spain.
Taxation of non-residents in Spain for the Succesion Tax. Part 1
In this post I will look at what may happen if you inherit money or property from a non-resident in Spain and especially if you can receive the tax benefits offered by the Law of Succession in Andalusia, which are more generous than central government taxation arrangements.
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