New property sales tax is 10%. Sale of land for property development is charged at 21%. Used property sales also attract a tax of between 6% and 10% – a transfer tax called Taxes on Patrimonial Transmissions (ITP). ITP is not set at the national level but rather by the AC’s. There is a form…
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New Build Properties in Spain
New Build Properties in Spain
New Build Properties in Spain
“A fine is a tax for doing something wrong. A tax is a fine for doing something right” The fiscal year in Spain is the same as the calendar year, running between the 1st January and the 31st December, whereas in the UK it is between the 6th April one year to the 5th April…
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