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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 1354. Tax reductions in Gift Tax in Andalucía
10 December 2015 @ 16:35

Starting a business or buying a property being promoted through this Gift Tax reductions in Andalucía

     1. Special regional reduction if recipient is acquiring a company, a professional practice or company shares.

If recipient has been working for the company and have management of administration responsibilities in the same

    2. Special reduction if recipient is  investing  those amounts in acquisition of first residency

Being máximum reductions:

  • 120.000,  for  recipients  under  35 years old
  • 180.000, for handicapped recipients, with a handicap level of at least 33%.
  • Reductions when money is used for the creation of a company or professional practice in Andalucía.

Being máximum reductions:

  • 120.000
  • 180.000, for handicapped recipients, with a handicap level of at least 33%.

A street in Cordoba, south of Spain



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