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Taxes in Spain
Gift tax in Spain
There are cases in which real estate and other valuable property ownership is transferred by way of gifts or inheritance. However, before we enter into details on the legal rights of property ownership in Spain, it is best to have an understanding of gift tax in Spain in order to avoid penalties as well as administrative or criminal charges.
Tax system in Spain
In this article, we will discuss the main features of the tax system in Spain and related types of Spanish laws.
Tax laws in Spain
In this article you can read about the most important tax laws in Spain and learn which of them regulate direct (directos) and indirect (indirectos) taxes.
Wealth tax in Spain
Wealth tax in Spain (El Impuesto sobre el Patrimonio) was eliminated in 2008, but in 2011 it was introduced again and has been in effect ever since. It is worth mentioning that in 2016 absolutely all payers of this tax received 100% benefits. Liabilities on the submission of tax returns were not abolished; however, the citizens were fully exempt from paying wealth tax in Spain.
Tax rebates in Spain
Issues concerning tax payment are equally important for residents and foreign citizens without a residence permit, who nevertheless have financial assets and/or business in Spanish territory. The government offers rebates for nearly every tax in Spain; as a result, the tax load is significantly decreased.
Spanish vacations
Brunch in Barcelona
Places you can visit for free in Barcelona
Beaches of Barcelona
Cadastral value in Spain
All immovable property located in Spanish territory has a specific cadastral value. The cadastral value of real estate in Spain refers to an administrative price that has been established for every object among all immovable property located in Spanish territory.
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