Spanish inheritance tax
The Spanish Inheritance and Gift Tax (Ley 29/1987) is the responsibility of the Spanish regional governments (Comunidades Autónomas). According to this law, who is resident in Spain (183 days rule) is…
Income tax in Spain
The Spanish income tax is regulated according to Law 35/2006 (Income Tax Law LIRPF) and Regulation RDR439/2000 (Income Tax Regulation RIRPF) It is a dual taxation system as it applies…
Wealth Tax in Spain
The Law on Spanish Wealth Tax dates from 1991 (Ley 19/1991). The tax rates have not changed since then. While in 1991 the interest rate in Spain was about 10…
Spanish property transfer tax
The real estate transfer tax in the Balearic Islands has a variable rate, from 8% to 10%. Amongst Spanish regions the maximum tax bracket vary between 6% to 11%. Up…
Everything new you should know about taxes in Spain
In the following, we present the main tax changes you must consider if you have already invested in Spain or if you’re thinking about investing or to do business in…