PLUSVALÍA MUNICIPAL. Local Tax. How it can affect you??
“Plusvalía Municipal or Impuesto Sobre el Incremento del Valor de los Terrenos de Naturaleza Urbana (IIVTNU)”, is a local tax administered by Town Halls in Spain which aims to measure and tax the increase in value on an urban property when it passes into new...
TO BE RESIDENT IN SPAIN FOR NATURAL PERSON
In this post, we define the difference between resident and non- resident in Spain. The tax authority in the Income Tax Law 35/2006 section 9, states the definition of resident in the national territory, as opposed to those who are non-residents: -You are considered a...
EARNINGS FROM REAL STATE
According to Spanish law, income derived directly or indirectly from property assets in Spanish territory or rights relating to them is considered to be obtained in Spanish territory. However, The Agreements signed by Spain attribute power to tax the income from real...
Tax Rebate when you sale your Property
When you sale your Property (or legally changed ownership thanks to a “Dacion en Pago” operation ( https://www.reuterssolicitors.com/wipe-your-mortgage-out-dacion-pago/) 3% of the value is withheld because of the condition of being a non-resident according to the...
Salud Andreo - Solicitor
Alicante's Bar Association number 7746 (ICALI).
hello@reuterssolicitors.com
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