The European Court judgement against Spanish Inheritance and Gift Law. The European Court Sentence (TJUE 03/09/14) confirms the discrimination between European residents and non-residents in Spain, because of the different taxation treatment in Inheritance and Gift Law, discrimination which infringes upon the Rules of the European Law. Basically it comes to this, Spain is condemned…
Read MoreRenta 2013 income tax declaration, Spanish Residents living in Spain for more than 183 days in one year basis during 2013 are subject to declare their Income Tax (Tax Returns) between May and June 2014 in Spain. The Tax period in Spain starts on 1st of January and finishes on 31st of December. The calculation…
Read MoreThe assets report 2013, the new tax report for residents. Since January 2013 over the year 2012, for all residents in Spain with more then 50.000,-€ abroad in bank accounts, property and/or annuities etc. The assets are divided into 3 groups, bank account, property and bonds/annuities and deposits. If in 1 of the 3 groups…
Read MoreAs always in the end of the year we start with the calculation of the non resident taxes of the year before. So in 2013 you need to make a tax declaration for the non resident taxes 2012. The non resident taxes are calculated over the rate-able value of your property, the same figure that…
Read MoreRenta 2012, Tax Declaration for Residents in Spain. The tax declaration for residents in Spain for the year 2012, the period of the year to make this declaration has started. You have until the end of June 2013 to make your tax declaration Renta 2012. Please contact us for an appointment to go over all the documents…
Read MoreEnergy Efficiency Certificate Spain: The Spanish Government has approved a Royal Decree based on an European Union directive. Through this new Spanish law all properties for rent or for sale, from the 1st of June 2013, will need an Energy Efficiency Certificate. This new law will affect all properties in Spain built before the year…
Read MoreImportant news regarding repossessions in Spain, the Spanish Law for Repossessions breaks with the European Regulation. A Sentence of the European Court of Justice (TUE) has declared on the 14Th of March 2013 that the Spanish Law for Repossessions breaks with the European Regulation for Customers Protection. This means that the repossession Law in Spain (Ejecución Hipotecaria)…
Read MoreNew Residency regulation for EU Citizens and their families: Residence for more than 3 months, new requirements according to the Royal Decree Law 16/2012 and the modification of the article 7 of the Royal Decree 240/2012 (Orden PRE/1490/2012, de 9 de Julio). Basically the new residency regulation wants to guarantee the viability, in terms of cost, of the Spanish…
Read MoreWhen you live as a resident in Spain for more than 2 years, perhaps you will have to change your driving license to a Spanish license. According to the new EU Law 2006/126/CE, if you live for more than two years as a resident in Spain your driving license renovation will be managed under the Spanish…
Read MoreThe Spanish Government has published last October the Law nº 7/2012 and the Royal Decree 1558/2012 for the Law development. According to this new law every resident in Spain must report to the Spanish Tax Authorities a declaration of Assets and Obligations Overseas. Every Tax Resident has the obligation to declare about estate, bank accounts,…
Read More
