Keywords: Taxation
The debate over taxing the ultra-wealthy has reignited across Europe as discussions center on addressing national debts through wealth-based taxation. Economist Gabriel Zucman recently proposed a 2% minimum tax on fortunes exceeding €100 million, a measure aimed at replacing France’s former......
Relocating to Andorra could significantly reduce your tax burden compared to living in Spain, especially if you’re a high-earner or self-employed. Nestled in the Pyrenees between Spain and France, this small, independent country offers not only breathtaking landscapes and outdoor activities but......
Real estate investment trusts (Socimis) are increasingly at the center of Spain's housing debate, especially as the government implements new tax measures aimed at addressing the worsening housing crisis. While many may not be familiar with Socimis, they play a significant role in the property market,......
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......
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......
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......
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,......
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......
Spain's annual income tax return, known as "la declaración de la renta," is set to commence, and individuals must prepare for significant deadlines and changes in 2025. This tax return, which pertains to the 2024 tax year, requires careful attention from taxpayers across the nation. Key......
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