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Keywords: Tax


Spain proposes hefty tax on foreign property buyers

Since the local Spain broke the news that the Spanish government has lodged a draft bill to charge non-EU, non-resident home buyers a 100 percent tax, there have been doubts about how much this tax would truly amount to. The Socialist government of Pedro Sánchez last week presented a draft law......

Key changes to expect in Spain this June

As June approaches, significant changes are set to unfold across Spain, affecting various aspects of daily life. From tax deadlines to festive celebrations, the month promises a blend of both routine and excitement. Last day to file your tax return online The tax campaign for earnings in 2024 officially......

Spain's ambitious tax measures to tackle housing crisis

The Spanish government has unveiled a draft bill aimed at curbing speculation in the housing market through a series of fiscal measures, notably introducing a 'supertax' targeting non-EU non-resident property buyers. This legislation seeks to address the pressing challenges of rising rental costs......

Spain proposes 100% tax on non-EU property buyers amid housing crisis

Spain’s Socialist government on Thursday registered in the Congress its draft law for a 100 percent tax on non-resident non-EU property buyers, suggesting it intends to follow through on the proposal made by Prime Minister Pedro Sánchez last January. On Thursday, Spain’s PSOE-led......

Navigating tax inspections in Spain: Essential guidance for foreigners

Being informed of a tax inspection in Spain can be particularly daunting for foreigners, especially those who are self-employed. Understanding how to respond, what documents to prepare, and other essential advice can help mitigate the stress associated with this process. Typically, a tax inspection......

Catalonia Delays Tourist Tax Hike to Fund Housing Initiatives

The Catalan government (Govern) and the political group Comuns reached an agreement on Friday involving four housing-related measures. This deal was made in exchange for accepting a decree passed earlier this week that postpones the increase of the tourist tax in Catalonia. Jéssica Albiach, leader......

Understanding how Spain's tax agency detects fraud

If you reside in Spain, it is crucial to comprehend the tax implications and ensure compliance with regulations to avoid fines or worse consequences. The Spanish tax agency, known as Hacienda, employs various methods to uncover discrepancies in income declarations. The tax system in Spain can be intricate,......

Understanding Spain's Beckham Law: What Americans Need to Know

If you're among the growing number of U.S. nationals contemplating a move to Spain under the Beckham Law tax regime, there are crucial factors to consider. While the allure of significant tax savings is enticing, understanding the intricacies of this law is essential for making informed decisions. The......

Debunking the myth: Spain's cash withdrawal regulations explained

Viral social media posts have sparked a wave of misinformation regarding cash withdrawals in Spain, claiming that individuals will be fined as much as €150,000 for withdrawing €3,000 or more from an ATM. This sensational narrative has gained traction on platforms like X and Facebook, with some......

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