This article comments a recent Spanish Supreme Court ruling on the personal assets valuation in the intheritance tax. The personal assets are only the ones of personal use of the deceased, which are not specifically excluded by law such as cars, bikes, boats, high value...
This article explains a case law with regards to the plusvalia tax in Spain. What is the situation when the Tax Office send you a tax bill for the plusvalia tax when you transfer your property losing money. Recap As you all know by now the plusvalia...
This article answer to some Frequent Asked Questions about the Non Residents Income Tax with regards to property in Spain. What is the non-resident income tax? Tax on income obtained by non-tax residents in Spain. It is a Spanish direct tax on any kind of income obtained by...
New situation of the plusvalia tax. State of the art of the plusvalia tax in Spain In this post I refer to the situation of the plus valia tax. We recalled that the Constitutional Court and the Supreme Court had established that the plusvalia tax was not due...
This post is a translation into English of an article which original article you can find here in Spanish. The economic crisis forced many homeowners to put their property on the market to sell, although many were unsuccessful due to not finding a buyer or because...
Current situation of the plusvalia tax specially in the Valencian Region State of the art of the plusvalia tax in Spain In this post I tried to explain what was the plusvalia situation back then. Summarizing brutally the history was as follows: The plusvalía tax is a...
Update on Inheritance and Donation Tax in Spain and Brexit. Old advice on Inheritance and Donation Tax after Brexit I recently published two articles about Brexit and Inheritance Tax which you can read here and here, advising that making donations of Spanish property to spouse and children before Brexit could...
Current situation on the plusvalia tax in the Spanish conveyancing system Introduction The plusvalia tax is a complex and delicate issue from a legal point of view. Below, I have tried to give a simplified summary of the current situation. I also give my adive if you...
Brexit is coming Yes. Finally, Brexit is definitely coming but I feel like nobody is really sure about how is it going to taste. That is why I would like to give some good news for the tax wise people. Inheritance Tax before Brexit Nobody knows whether will...
Many UK citizens with Spanish property are concerned about what will happen when Brexit comes into force, especially with regards to Spanish Inheritance Tax. Will it change? It will indeed - unless new regulations are already agreed and in force at that time, Inheritance Tax...