A guide to Inheritance and Tax in Spain

A guide to Inheritance and Tax in Spain

The inheritance regime according to the Spanish Civil Code and the inheritance tax Inheritance refers to the set of assets, rights and obligations that a person leaves behind when they die. In Spain, there are different laws that apply to the inheritance of a person. On the one hand, there is the national, Spanish civil code and on the other…
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…
tax coronavirus

Special Measures Regarding Tax Matters Due to Covid 19

Recently, the outbreak of COVID-19 took a drastic turn, which has led to a huge change of our everyday lives. Today in Spain, where possible, the Spanish workforce is working from home, affecting markets at every level. In view of the severe situation, the government is currently leaning towards special measures not only in health matters but also in economic…
tax season spain 2020

What you should know for Spanish tax season 2020

As you already know, Spanish Tax Season starts on April 1st.  We know that being abroad is not always easy regarding the tax obligations. However, we are going to help you to understand if you have the obligation of filing in a tax return, and what do you have to include on it.  WHO HAS TO FILE IN A TAX…

TAX CASE STUDY: THE SMITHS

In order to explain some of the possible tax implications of moving to Spain, we present to you the Smiths. We will use their case in order to show you different aspects of tax law in Spain and the implications of moving here from another country. Ethan and Susan Smith are two US tax residents who have been living in…

The 6 Most Frequently Asked Question Regarding Wealth Tax

There are many questions regarding Wealth Tax in Spain. Many argue it is an institution from the past. Since its decline in the 1990, twelve countries in Europe had  wealth tax. Currently, there are only three: Norway, Spain, and Switzerland. Wealth tax Exists in Spain. Unfortunately the topic is often overlooked do to doubts and misconceptions. A costly mistake. In…
Significant changes in the tax regime for the French income of non-residents

Significant Changes In The Tax Regime For French Income Of Non-Residents

HOW CAN WE HELP YOU? We are international lawyers experts in the subjection to taxes in France as well as Spain. Whether you reside in Spain or you live elsewhere. If you have legal needs in connection to France and/or Spain? We are the trusted and experienced partners that can help you. hbspt.forms.create({ portalId: "4498350", formId: "09c1e174-675f-481d-a9e3-68ab2f386d46" });
720 Form

720 Forms: 6 Questions and Answers on Assets Abroad

You may have heard that if you are a Spanish Tax Resident, you have the obligation to inform the assets you may have abroad.  That is correct! If you find yourself wondering the specifics, please let us explain you a bit more on the 720 Form. WHAT IS 720 FORM? 720 Form is an Informative Form on Assets Abroad. Informative…

The 4 Main Tax Implications to Consider in Spanish Real Estate