Is One Full-Time Employee Enough to Make Property Rental a “Business”? Spain’s Supreme Court Is About to Decide
For many owners of several rental properties, the difference between being treated as a simple landlord or as the holder […]
Category: Wealth Tax
Spain Confirms Tax-Neutral Path for Moving Family Property Co‑Ownerships into a Newco
Many family-owned property arrangements start life as a simple co-ownership structure — a “comunidad de bienes” — set up to […]
Wealth Tax in Spain: only direct shareholdings count for the family-business exemption
Why this ruling matters to family businesses If you are a shareholder in a company and you assume your shares […]
4 Frequent Tax Mistakes Made by Non-Residents with Property in Spain
At EBF Consulting, we assist non-resident property owners every week with their tax obligations in Spain.Many of them make mistakes, […]
INFORMATION NOTE – MODIFICATION OF TAX EXEMPTION FOR INHERITANCE AND GIFT TAX
On 5th September 2023, the Decree Law 5/2023 of 4th September, which modifies the tax rate reductions for the Inheritance […]
ANNUAL INCOME TAX IN SPAIN FOR RESIDENTS
If you are living and/or working in Spain, you will be liable to pay Spanish taxes on your worldwide income and assets and will need to file a Spanish tax return.
Spain is divided into 12 autonomous regions, and taxes are split between state and regional governments, with each autonomous region deciding on its own tax rates and liabilities. The tax year runs from 1 January to 31 December.