In Spain, under certain circumstances, the buyer of a plot of land may be considered an businessperson for VAT purposes, even if they are an individual who does not carry out any business or professional activity. This means that the transaction would be subject to VAT, which carries important tax implications and advantages. In this […]
When selling a property in Spain, the seller must pay tax on the capital gain from sale under Personal Income Tax (IRPF). However, there are certain exemptions that allow you to avoid or reduce this tax burden. In this week’s article, we analyse one of the most relevant exemptions: the exemption on the capital gains […]
Correctly declaring a gift in Spain will not only help you avoid problems with the Tax Authorities. It will also enable you to benefit from significant bonuses and deductions under both state and/or regional regulations. In this week’s article, we discuss the most important aspects of gifts in Spain that both the donor (the person […]
