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As we have emphasized in numerous articles, gifts between family members have surged in recent years. Real estate, cash, and other assets are increasingly transferred within families. This growth is largely due to the very favourable tax treatment offered in some regions of Spain, such as Andalusia or Valencia. Gifting money to family members may […]
On Saturday, 31st of May 2025, the Official Gazette of the Generalitat Valenciana published Law 5/2025, of 30 May. This new “Law of Measures” introduces significant amendments to the regional regulation of several taxes, notably the Wealth Tax (IP), Inheritance and Donations Tax (ISD), and the Tax on Property Transfers and Documented Legal Acts (ITPAJD). […]
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 […]
