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Taxes in Spain
This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. If you want to buy a house in Spain as a foreigner, you will have to sort out some bureaucracy before you can buy a property. This series of articles is...
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This article is part of our guide How to buy a house in Spain which you will find in our Real Estate Consulting section. If you want to buy a house in Spain as a foreigner, you will have to sort out some bureaucracy before you can buy a property. The Spanish property market has...
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Cash transactions may not exceed 1,000 euros. On 11 July last year, new regulations came into force that set new limits for cash payments. Self-employed persons and SMEs are among the main parties affected. The Official Gazette published the regulation that can sanction those who continue to receive amounts of more than 1,000 euros for...
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On 10 July, the Spanish Official State Gazette published Law 11/2021 on measures to prevent and combat tax fraud, in compliance with European directives. As we saw in our previous article, this regulation contemplates tax changes that especially affect estate taxes for 2022, but it may also significantly affect heirs who are beneficiaries of inheritances...
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On 10 July, the Spanish Official State Gazette published Law 11/2021 on measures to prevent and combat tax fraud, in compliance with European directives. This regulation contemplates tax changes that particularly affect wealth taxes in the period up to 2022. Like almost all tax laws, its purpose is to increase tax revenue, but to achieve...
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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. As in most countries, in Spain the State likes to keep a part of your estate when you die. How much they will receive depends largely on how well...
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The tax professionals from Firmalex have created a guide in the section Taxes in Spain for Foreigners.  This guide is specifically for non-residents and foreigners in Spain who have to pay taxes in Spain.  In this guide, our tax advisors explain step by step what taxes you might have to deal with as a foreigner...
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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. Property tax This is the main local property tax affecting property owners in Spain. The amount of tax is calculated by reference to the ‘valor catastral’ (official property value)...
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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. Impuesto sobre Transmisiones Patrimoniales (I.T.P.) This is a tax payable when you purchase either agricultural land or a house/apartment/building plot from a private owner. It is generally 7% (it...
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This article is part of our guide Taxes in Spain for non-residents and foreigners which you will find in our Taxes in Spain for foreigners section. The purpose of this guide is to provide an introduction to the basic and most common Spanish taxes that a non-resident (read this article to find out when it...
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