Spain

Modelo 720: Declaring Foreign Assets in Spain Made Simple

If you’re a tax resident in Spain and hold assets abroad, you may be legally required to file Modelo 720 — a declaration of foreign assets introduced to combat tax evasion. Though controversial due to its strict penalties (which have since been softened), non-compliance can still trigger serious consequences. This article breaks it all down: […]

Modelo 720: Declaring Foreign Assets in Spain Made Simple Read More »

Inheritance & Gift Tax in Spain: What Foreigners Must Know

If you’re inheriting assets or gifting property in Spain, you may be subject to Impuesto sobre Sucesiones y Donaciones — Spain’s inheritance and gift tax (ISD). Unlike many countries, Spain taxes the recipient of the inheritance or gift — and tax rates vary by region, relationship, and asset type. This guide explains: Who pays inheritance

Inheritance & Gift Tax in Spain: What Foreigners Must Know Read More »

Capital Gains Tax in Spain: What Expats & Property Sellers Need to Know

Selling a property or asset in Spain? Then you’re likely subject to capital gains tax (CGT) — and the rules differ based on whether you’re a resident or non-resident. In this guide, we explain: How CGT works in Spain The current tax rates What deductions are available How to calculate your gain How non-residents file

Capital Gains Tax in Spain: What Expats & Property Sellers Need to Know Read More »

Income Tax in Spain for Residents & Expats: Complete Guide

If you’re living in Spain or earning income here, you need to understand IRPF (Impuesto sobre la Renta de las Personas Físicas) — Spain’s personal income tax. This guide breaks down: How income tax works for Spanish residents and expats Progressive tax brackets and rates Allowable deductions Common pitfalls and how to plan smartly 🧾

Income Tax in Spain for Residents & Expats: Complete Guide Read More »

error: Content is protected !!