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New UK-Spain Double Tax Agreement: ready to enter in force

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9 Oct.  2013

Signed in London last 14th of March, it has been published last Friday October 4th in the Official Gazette of the Spanish Congress (BOCG), to draw up the amendments by next 23rd of October.

It will replace the old 1975 Double Tax Agreement (DTA) with some significant changes, specially regarding the taxation on shares of companies for which more than 50% of their value is based on real estate. Please check this link to our previous newsletter for further details about the new DTA: icont.ac/1JAqk

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