For expats living in Málaga, Spain, navigating the local tax system can be overwhelming. The two most common taxes that property owners will encounter are the IBI (Impuesto sobre Bienes Inmuebles) and the IRN (Impuesto sobre la Renta de no Residentes). Both are important, but they are distinct in their purpose, how they are calculated,...Meer lezen
When a non-resident in Spain sells real estate located in the country, the purchaser of the property must withhold 3% of the purchase price and pay this amount to the Inland Revenue to cover the seller’s liability for capital gains tax. Buyer obligations Withholding 3% of the purchase price The person acquiring the property is...Meer lezen
Knowing the tax calendar in Spain is very important when moving to Spain or when you have already bought a house in Spain. Filing taxes does not always mean that you have to pay, often it is just for information purposes to the Spanish state. The first thing to differentiate is whether the taxes are...Meer lezen
Did you know that 20% of tax returns in Spain are filed incorrectly? Do you know why? It is often difficult for Spaniards to file a tax return, imagine for a foreigner. There are small mistakes that are due to not taking into account some important information about your individual situation. That is why we...Meer lezen
Are you an American thinking of moving to Spain? Do you know what tax advantages Andalusia has? For American expatriates living in Spain, navigating the complexities of taxation can be both challenging and crucial to their financial well-being. From understanding which income streams are taxable to determining eligibility for deductions and credits, the Spanish tax...Meer lezen
“Do I have to file my taxes in Spain?” This is a question we often receive, and while it may seem straightforward to answer, it can sometimes be more complex. Let’s uncover why. What are taxes used for in Spain? Taxes paid in Spain are used to finance public services and expenditures of the Public...Meer lezen
Have you been asked for a certificate of tax residence in Spain but you don’t know what it is? What is the certificate of tax residence in Spain? The certificate of tax residence in Spain is an official document issued by the Tax Agency that proves that a person is a tax resident in Spain,...Meer lezen
If you’re considering selling your property in Spain and you are at least 65 years, there’s a remarkable opportunity available for you. Selling your main home directly as the owner, especially if you’re over 65 years old, can be an advantageous choice. Individuals over 65 years of age benefit from tax exemptions on the sale...Meer lezen
The Tax Form 210 is the Income Tax for Non-Residents, whether individuals or legal entities. Tax Form 210 is utilized by individuals who are not permanent residents to report earnings obtained within Spain’s borders. This tax document is employed to fulfill tax obligations related to various sources of income, such as rental income, personal earnings,...Meer lezen
One of the duties of taxpayers in Spain is to change their fiscal address with the tax authorities if their address changes. Many times, as a foreigner, you may not be aware that not only is it about paying taxes, but we also have the duty to promptly inform about any changes that affect our...Meer lezen