THE IMPORTANCE OF UNDERSTANDING SPANISH TAX DURING COVID-19

THE IMPORTANCE OF UNDERSTANDING SPANISH TAX DURING COVID-19

Why is it important to understand if the taxpayer will be deemed as a Spanish Tax Resident or not? Spanish Tax Residents must pay taxes on their worldwide income. Employment income and property income (rental income and sole ownership income) will be taxed at a progressive rate which can go up to a 48%, depending on the autonomous community. Progressive…
CAN COVID-19 MAKE ME A SPANISH TAX RESIDENT?

CAN COVID-19 MAKE ME A SPANISH TAX RESIDENT?

Could COVID-19 make you a Spanish Tax payer resident? This is the question that can be asked by someone who, as a result of the COVID-19, has had to temporarily change their residence, with no final date in sight, either because they have been confined or are obliged to respect a quarantine in their place of vacation, or because they…