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Taxes in Spain
EU Regulation 650/2012 of 4 July 2012, which regulates inheritance on death, is now applicable in most countries of the European Union.    If you want to know more about this regulation, feel free to contact one of our legal advisor in Denia and Valencia.  This is a major step forward for European citizens, as...
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Real Estate Tax and vacant housing Future changes
Negotiations continue on the future housing law, which does not yet have a clear and definitive design. The parties in charge of the government are assessing the issue of empty homes and the levy to promote their release to the market, but they are far from being in full agreement on the limitation of rents....
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Información y novedades sobre el impuesto de sucesiones y donaciones para ciudadanos no residentes
It is becoming increasingly common for donations and inheritances on which tax is payable in Spain to involve a person who is not a resident of our country.  Our professionals can help you with the taxes in Spain for foreigners so that it is handled correctly in all cases.  In other words, when a parent...
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When it comes to buying and selling a property, it is important that all agreements are in writing.  Our legal advisors can provide you with legal advice to ensure that everything is correctly written down and ready to sign when buying or selling a property. Because given its importance, this should not be an improvised act...
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Do you have a property or bank account outside Spain? If so, you must file the FORM 720
If you have a property, bank account or investments abroad, this is of interest to you. It is likely that you have never heard of this model, the 720 model. It is not a typical model like the 303 or the 130 that every businessman and self-employed person knows, as they deal with them every...
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Eres residente o no residetne en España?
An individual is resident in Spanish territory when any one of the following circumstances apply: They have stayed longer than 183 days in Spanish territory over the calendar year. In order to determine the permanence in Spanish territory, occasional absences are included, except if the taxpayer accredits their residency in another country. In the case...
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Información sobre el Brexit a partir del 1 de enero 2021
The United Kingdom and the European Union (EU) signed an interim free trade agreement last Thursday which will govern economic relations between the two countries from 1 January. The agreement covers not only trade in goods and services but also a wide range of other areas of interest to the EU such as competition, fisheries,...
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When a person or company is interested in acquiring a property in Spanish land, it is important to ask for advice to a real estate consulting firm, because they will offer you the best guidance throughout the whole buying process and help you understand the marginal notes in the register of a property.  The nota...
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In the case of property selling, the longer the ownership lasts, the more taxes must be paid by the assets increase (in addition to the capital gains tax). Until 1996, the reducing coefficients that exempted from payment all purchases whose ownership was older than 10 years were applicable. Then a compensation of the inflation rate...
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Being a fiscal resident in a country does not automatically mean being a non-resident before the tax authority in another country. When the income of a resident comes mostly from another country, it is possible that this person be also a fiscal resident in the other country. This is regulated in the respective laws on...
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