Archives

Monthly Archive for: ‘January, 2021’

  • Wealth Tax is not applicable to non-residents owning Spanish properties through foreign entities

    0

    30 Jan 2021 The majority of recent Double Tax Treaties gives Spain the right to tax on the value of shares when a Spanish real estate property represents more than 50% of the total assets directly or indireclty. This is -for example- the case of […]

    read more →  
  • 2021 Wealth Tax in Andalucía

    0

    13 Jan 2021 State Wealth Tax top marginal rate has increased by 1 point as approved last December 31 by General Budget Law 11/2020. The tax rate rises from 2,5% to 3,5% for fortunes exceeding 10.696.000 EUR. This is the State tax scale for 2021: […]

    read more →  
  • 2021 Taxes and Declarations for Residents in Spain in 2020

    0

    9 Jan 2021 We have listed below the tax returns and declarations that Spanish residents must file during the first half of 2021 corresponding to fiscal year 2020: IINFORMATION TO BE PROVIDED TO THE CENTRAL BANK OF SPAIN: Form ETE: Declaration of foreign economical transactions […]

    read more →  
  • Post-Brexit in Spain

    0

    8 Jan 2021 As from January 1st, 2021, UK is considered as a third country having this a tax impact of which we highlight the following: Non-Resident Income Tax The tax exemption on dividends and interests paid to EU residents as well as capital gains […]

    read more →  
  • 2021 State General Budget Law

    0

    8 Jan 2021 On December 31 last, Law 11/2020 was published at the Official State Gazette with new tax regulations for 2021, of which we highlight the following: Corporate Income Tax The tax exemption on dividends from subsidiaries to avoid double taxation is reduced from […]

    read more →  

    No Twitter Messages