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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Property tax (Ibi – Suma)

This tax applies to both non-residents and residents and it is a yearly direct tax based on the cadastral value (rateable value) of the property. It is also known as local rates or property tax (and commonly SUMA...
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Non-rented properties

IRNR issue may be confusing, overall because there is no equivalent in your country. Non-residents are liable to pay IRNR if the following conditions apply: 1) You do not reside in Spain, 2) You own property in Spain,...
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