Capital Gains Tax CGT. Reinvestment in another habitual main residence ( home) in the European Union EU.

I am fiscal tax Resident in Spain and I have sold my habitual residence here; with the monies from this sale I intend to acquire another property but outside of Spain. I understand that if I was to reinvest the monies on a property in Spain I would not have to pay Capital Gain Tax […]

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IMPORTANT INFORMATION: THE TIME TO RECOVER VAT PAID HAS BEEN EXTENDED

This week I make no apology for reproducing an article written by my good friend and one of the best tax lawyers whom I have ever met, Mr Jose Maria Garcia Guirao from Garrigues Alicante. This article is specifically aimed at professionals and business persons who are VAT tax payers who will appreciate the main […]

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Declared value of a property. The cadastral value and the reference value.

We are selling our property in Valencia for a very low price and we have been advised that we may have problems with the tax man who might consider that we are selling it for more money but not declaring it on the Deed, or that the real market value is higher. Is this correct? […]

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