In April 2019, the inheritance and gift tax was practically abolished for Andalusia, with other words the tax amount is now so small that it is no longer worth mentioning.
Legal and taxation
It is important to acknowledge that no one is exempt from paying the tax concerning the municipal capital gain, unless the transfer was made at a loss.
The aim of this report is to bring together the facts and figures about Andalucía’s property market in 2017. I’ll also look forward and make some predictions about 2018.
Senior Andalusian politicians agreed to significantly reduce Spanish Inheritance Tax (IHT) in the autonomous region of Andalusia.
In May 2016 Andalucía became the last of the main tourist destinations to legislate in respect of short term holiday lets. It is one of the biggest rental markets in Spain with the new registration system expected to uncover 80,000 properties offering a total of 400,000 beds.
Lawyer and legal expert Raymundo Larraín Nesbitt recently published Renting in Spain – Landlord Taxation Guide, summarising the tax obligations of non-resident landlords in Spain, including the tax allowances and deductions they can benefit from. We've reproduced some of the key points below.
The pound to euro exchange rate has risen, because the UK economy has been shining brighter than the Eurozone’s.
Following concerns raised by our clients, this latest EU Referendum update provides you with information on the implications of Brexit on your healthcare from our network of industry partners.
In compliance with this Decree, and with Law 13/2011, of Tourism in Andalusia, landlords may register as from the 11th of May 2016 onwards, day on which this new Decree will come into force