Articles

Purchase of furniture taxed in Spain

In Spain, unlike other countries, the sale of personal furniture between particulars pays taxes. There is widespread confusion in the real estate purchase system in Spain where it is believed that the sale of furniture between particulars does not pay taxes. That is why, sometimes, we fall into the mistake

Differences between “Certificado de Antiguedad” and “Certificate of Habitation”

QUESTION: Certicado de Antiguedad; how is it different from Habitation license? TLACORP ANSWER: A “certificado de antigüedad” is a certificate issued by an independent and private architect which confirms the age of a construction, in a process to legalize or to register that construction. “Certificate of Habitation” also called LICENCIA

pen with balance sheets and calculator and HOW TO DECLARE REAL ESTATE YIELDS IN SPANISH INCOME TAX

How to declare real estate yields for Spanish taxes?

Real estate yields in personal income tax. What are RETURNS ON REAL ESTATE CAPITAL ( Art. 22.1 Income Tax Law). Those derived from the lease or from the constitution or transfer of rights or powers of use or enjoyment over rural and urban real estate or real rights that fall

DONATION TAX IN GALICIA - updated 2023

Donation Tax in Galicia – Up 2024

Regulated by LEGISLATIVE DECREE 1/2011, of July 28, which approves the consolidated text of the legal provisions of the Autonomous Community of Galicia regarding taxes ceded by the State. – Official Gazette of Galicia of 20-10-201 I.- TAXABLE BASE The amount received in Donation. II.- REDUCTION IN THE TAXABLE BASE:

WEALTH TAX IN ANDALUCIA - ABOLISHED? 2022

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

Foreigners making a Will in Spain – Lawyer or notary?

Foreigners making a will in S`pain must be guided by proffesional advisors. Spanish notaries are not forced to know international laws. That's why lawyers experts in international law are necessary for a secure and peace of mind inheritance plannifiaction,