Taxation is a complex issue. Some rates changes every year and very often the Higher Courts rules against some particular tax.
Our team provides a complete legal assistance regarding tax duties for Spanish residents and non-residents. We dealing with the annual resident and non-resident tax returns, Council tax (IBI) and all the taxes related to property selling, purchasing or inheritance.
Non-residents tax regularization
Most of non-residents property owners presume that the only annual tax duty to be paid in Spain is the council tax (IBI tax) due on their own properties. However, if this is the case we would like to advice you that even if you obtain no incomes from your Spanish estate, the tax form 210 (non-resident capital gains tax) must be filed and payable due to 31st December of each year.
During the past months the Spanish Tax Office had commenced to notify this matter to the non-tax payers accompanied by huge fines. If you have not completed these tax returns within the last 4 years we strongly advise to regularize your tax situation ASAP so as to avoid subsequently tax surcharges. Please contact us to obtain a quote.
- Inheritance tax
The European Court of Justice has ruled that the Spanish authorities cannot charge different rates of inheritance tax for residents and non-residents. Consequently, European citizens who have paid ‘death duty’ in Spain during the four years previous to January 2015 are entitled to make a claim in order to recover part of their money and accrued interest back.
- Plusvalia tax
On 11th of May 2017 the Constiutional Court of Spain ruled that Town Halls cannot collect the Plusvalía tax on transfer of properties when a sale is made at loss. Sellers have four years to reclaim the tax paid. If you sold your property, maybe you are now entitled to a refund.
Please contact us to discuss your requirements. Legal costs for tax refunds through no win no fee agreement.