In 2024, gifts reached record numbers in Spain, with an increase of nearly 15% compared to the previous year. Uncertainty about a possible harmonization of the Inheritance and Gift Tax (ISD) at the state level has led many to anticipate property transfers. This week, we analyse two lesser known but legally important types of gifts: […]
We receive many enquiries at our firm regarding the possibility of making gifts to children or other close family members. Nowadays, in some parts of Spain, gifting a property can be a very good option from a tax perspective. However, many people forget that the Gift Tax is not the only tax involved in the […]