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Tax implications on the tourist renting a property in Spain by a NON RESIDENT in Spain. Purely, the rent of a property is not subjected to VAT. This VAT exemption includes any type of rent: Short term rent / Tourist rent Medium term rent Long term rent The reason of
This is a small presentation of our Legal assistance service on the purchase of properties placed in Benicarló and Vinaroz area. Benicarló and Vinaroz are wonderful villages. They are ones of the most important areas in Costa del Azahar (after Benicassim), and with high qulity beaches. It is composed
This is a small presentation of our assistance on purchase/sale process on properties placed in Benissa-Benitachel (Benitatxell) area. Benissa and Benitachell are wonderful villages, with one of the most typical spectacular valleys and high qulity beaches, surrounded by spectacular hills, with magnificent views and nature. It is composed by beaches
TAXATION OF LOANS IN SPAIN – NON-RESIDENT LENDER 1.- Loans without mortgage guarantee are taxed by VAT or ITP in Spain? In Spain, loan or credit transactions are not taxed by VAT or ITP. This is stated in Article 5.2 of Council Directive 2008/7/EC. This Directive expressly provides that neither
This is a small presentation of our Legal Assistance on the purchase/sale of properties placed in Valencia. Valencia is a wonderful city. The most important service center in Valencia Region, and the fourth in importance and population in Spain. Together with the economical and industrial activity, with one of the
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:
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