Inheritance tax

Inheritance Tax is payable by beneficiaries on the death of someone.   Spanish national rules will apply if the deceased and/or beneficiaries do not live in Spain.   The payable amount by each beneficiary can vary depending on...
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Wealth tax

Wealth tax is an annual tax, payable on the total net value of your assets by 31st December. If you are resident in Spain you are liable on your worldwide assets.Wealth tax is payable on the value of...
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Report of foreign assets (tax form 720)

Spanish law requires resident in Spain to provide information about offshore accounts, offshore investments, and real estate located abroad to the Spanish tax authorities. Submitting Form720 does not imply any additional taxation, since it is just informative. You...
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Income tax (I.R.P.F) residents in Spain

The taxable items are your worldwide incomes (earnings from employments, businesses and stocks, Spanish incomes and capital gains, state retirement and other pensions and interest earned on deposit accounts in your country or offshore, etc), which must be...
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Residents in Spain

If you fulfil tax residency rules, you are liable to Spanish income, capital gains and wealth taxes. You are also liable for local taxes and for submitting your annual Form 720 (Modelo 720) listing your overseas assets. As...
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