Finally the European Commission have annouced yesterday 6.6.2019 that they are referring Spain to the Court of Justice for the EU for imposing disproportionate sanctions on those taxpayers who fail to report their assets abroad. Since 2012, taxpayers have had to report their assets outside of Spain including property, bank accounts and financial assets. Severe […]
Spanish capital gains tax is complex. It is paid by tax residents of Spain on their worldwide assets and by non-residents on property that they own in Spain.
Capital Gains Tax Rates on sale or transfer of assets (except property).