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Spain forumsTaxation from 2007




 

 

Posted byMessages (sorted from oldest to newest)
Tuesday, January 09, 2007

mariadecastro
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With effect from 1st January 2007:

a)  Capital Gains Tax reduced from 35% to 18%, with no distinction  between short and long term gains.

b) Standard rate of Income Tax for non-residents on Spanish source falls from 25% to 24%.

c)  Retention on the sale of Spanish property falls from 5% to 3%.


_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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