Wealth Tax in Andalucia – Abolished?
Decree-Law 7/2022, of September 20, has modified Autonomous Law 5/2021 in such a way that a new article 25 bis is created, according to which it is established that, after the deductions and bonuses regulated by the regulations of the State, a regional bonus of 100% of said fee will be applied to the resulting […]
Fiscal-Cadastral Value in Spanish resales
Understanding “Complementaria Letters” from the Spanish Tax Office: When You Buy a Bargain Property In recent years, it has become increasingly common for property buyers in Spain, especially those who have acquired properties at seemingly “bargain” prices, to receive unexpected letters from the regional tax office. These letters, known as “complementarias” which is a request […]
Taxes to pay inheritance abroad in Spain
When a tax resident in Spain receives an inheritance from abroad, understanding the tax obligations is crucial. Spain has specific regulations that apply to inheritances received by residents, even if the assets or money involved are located outside of Spain. Here’s a comprehensive guide on what you need to know about the taxes involved in […]
What is AJD – Actos Juridicos Documentados -A general scope in Spain
AJD – Actos Jurídicos Documentados (Stamp Duty) in Property Transactions in Spain – When engaging in property transactions in Spain, particularly in the context of purchasing, selling, or mortgaging real estate, it is crucial to understand the implications of the AJD (Actos Jurídicos Documentados) or Stamp Duty. This tax applies to various legal acts documented […]