by Juan Carlos Marhuenda | Jan 21, 2025 | Uncategorized
1. Errors in completing the forms: Complexity of tax regulations: Tax laws can be complex and changing, even for those who have basic knowledge of the subject. An expert will be up to date with the latest modifications and will know how to apply them correctly in each...
by Juan Carlos Marhuenda | Jan 13, 2025 | Uncategorized
The year 2025 brings with it a series of significant changes to the Spanish tax system, affecting individuals, self-employed workers and companies. These changes include: Payroll Tax (MEI): This tax, created to finance pensions, has increased its rate. In 2023, it was...
by Juan Carlos Marhuenda | Jan 13, 2024 | Uncategorized
New law Valencia region 22nd Nov 2023. 99 % reduction on Inheritance and Donation tax On November 22, 2023 Valencian government approved a new law that will have a huge impact on the regulation of donation and inheritance tax in the Valencian Community (Castellón,...
by Juan Carlos Marhuenda | Jul 27, 2023 | Uncategorized
“COMPLEMENTARIALETTERS” from the Spanish tax office when you bought a bargain property (cheap price) In the last few years, we have been seeing clients who received letters from the regional tax office were they’d been asked for additional tax due on the purchase of...
by Esther Marhuenda Bolívar | Jul 27, 2023 | Uncategorized
Extinction of Condominium (EC) (or “Cancellation of Co-ownership”) consists in the transmission of the ownership of an asset, whcih cannot be divided, where one of the co-owners acquires the full ownership of the asset to the rest of the co-owners, and...
by Esther Marhuenda Bolívar | Jul 27, 2023 | Uncategorized
TAXES FOR INHERITANCES RECEIVED ABROAD SPAIN What taxes must be paid on an inheritance when it comes from abroad? In the event that a tax resident in Spain receives assets or money from inheritances located abroad, said assets, money, insurance premiums, bank...
