Non residents vendors can reclaim for overpayment of taxes
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If you sold a Spanish property between mid 2004 and 31st December 2006 and paid Capital Gains Tax at 35 %, you can reclaim. Due to legal time limits, owners are taking action before the deadline expires. A final judgement from a Spanish High Court obliges the Spanish Tax Authorities to refund overpayment of this tax. This new resolution puts an end to the discrimination between residents and non resident vendors.
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Myra Cecilia. www.costaadvicebureau.com
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