El blog de Maria

Recent couple of Court decissions ( setting Case Law) by the Supreme Court stablish that when a company buy shares which are in a more than 50 per cent, real estate assets, tax will always be of 8% of value of acquisition against 1% of any company operation according to Trasnfer Tax and Stamp Duty Act.

The treasure can apply this new rate despite no fraud intention is proved.

"Zahara de la Sierra", Cadiz, Spain, by oscardodo, at flickr.com