tax iva

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05 Nov 2011 12:00 AM by paris Star rating. 32 posts Send private message

Hi im looking at buying a property  in Murcia, these properies where built a few years ago and have never been lived in, the bank now own them. they had a asking price of 500k plus they are now 150k, would the spanish tax man come looking for the iva tax for the differance from the 500k ----150k at 7%

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05 Nov 2011 5:52 PM by johnzx Star rating in Spain. 5240 posts Send private message

The tax is on the sale price / declared price, not what it may have been worth at some time in the past.  Otherwise when you bought in the sales you would be paying tax on regular. pre-sale price.   Not even in Spain !!!!!!  Well not yet anyway.


This message was last edited by johnzx on 05/11/2011.

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05 Nov 2011 6:24 PM by paris Star rating. 32 posts Send private message


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