In Spain, before inheriting the assets of the deceased, the heirs must pay the Inheritance Tax to the Spanish Tax Office. When real estate is part of the inheritance, the heirs must also pay the Plusvalía Tax. In this week’s article we discuss the inheritance tax statute of limitations in Spain. That is, the deadline […]
When someone passes away, the heirs are faced with a series of procedures and formalities that must be carried to process the inheritance. Among them, one of the most important aspects is the Inheritance and Gift Tax (IHT). Dealing with this tax is vital in order to proceed with the distribution of the assets. This […]