Taxes for Non Residents:
Non-Resident Taxation
Non-Resident Home Owners and Annual Property Taxes
Assistance with your annual tax returns
As non residents who own property and annual tax return should be filed with the Spanish Tax Office.
Designation as your Fiscal Representatives
Fiscal representation
You will have to sign a form appointing us as your Fiscal Representatives when you become a client of our office.
Letting Tax (for Rented Properties)
Quarterly tax return
Letting Tax Return
When you rent your property taxes should be settled quarterly. We will request clients the information needed in order to settle the corresponding tax returns.
IGIC TAX
IGIC TAX (HOLIDAY LETTINGS)
When your property is rented out as holiday lettings (through a management company, etc.) the corresponding IGIC Tax declaration should be filed quarterly.
Local Taxes
Local Taxes
Local Taxes payable to Town Halls
There are local taxes property owners should settled:
- Some are yearly taxes, i.e., IBI Tax (Local Rates), Road Tax, etc.;
- Others are payable twice a year, i.e., Refuse Collection
Taxes on sale of properties
Capital Gains Tax
Tax on sale of properties
This might be payable when selling your property. We will make the calculation and let you know the corresponding amount. Otherwise, you can be entitled to claim for the reimbursement of 3% retained on the sale of the property.
Taxes on Property Purchase / Inheritance & Donation
Other State Taxes
Tax on Property Purchase, Inheritance & Donation matters
Taxes are payable on
– Property Purchase.
– Inheritance of properties & assets.
– Donation of properties & assets.
We will make the calculation and let you know the corresponding amount of tax to be paid to the Spanish Tax Office.