Wednesday, March 11, 2009
Saturday, March 07, 2009
CAPITAL GAINS FOR NON-RESIDENTS FOLLOWING THE SALE OF PROPERTY IN SPAIN. ALL YOU NEED TO KNOW
Questions and answers for the most common queries.
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99,9% TAX EXEMPTION ON INHERITANCE TAX & DONATION (GIFT) TAX IN CANARY ISLANDS
New Law 14/2007 - 27th December - From 1st January 2008 parents may gift any property in the Canary Islands to their children and benefit from a 99,9% tax exemption. The said exemption is applicable to all donations (gifts) of real estate property situated in Canary Islands.
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Thursday, February 12, 2009
99,9% TAX EXEMPTION ON INHERITANCE TAX & DONATION (GIFT) TAX IN CANARY ISLANDS
New Law 14/2007 - 27th December - From 1st January 2008 parents may gift any property in the Canary Islands to their children and benefit from a 99,9% tax exemption. The said exemption is applicable to all donations (gifts) of real estate property situated in Canary Islands.
Read MoreThursday, February 12, 2009
WHAT IS AN NIE (TAX IDENTIFICATION NUMBER)
A NEW LAW has been enacted in November 2006 - Law 36/2006 dated 29th November. From 1st December no property purchase can be registered in the land Registry office without the NIE of all the parties concerned in a property transaction.
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Monday, February 02, 2009
THE VIRTUAL OFFICE OF CADASTRE (OVC).
The Spanish cadastre is an administrative register with a fiscal origin, created as a data bank to be accessed both by Public Administrations (national, regional, local) and citizens. As an inventory of real estate, it contains physical information (surfaces, location, use, shape, boundaries, cartographic representation, crops and forest use, type and quality of constructions, etc.), legal information (identification of holders or owners: name, national identification number, address, etc.) and economic information (cadastral values of land and buildings, valuation criteria). This cadastral bank includes detailed information of more than 32 million urban properties, more than 40 million rural properties and more than 27 million cadastral owners. https://ovc.catastro.meh.es/CYCBienInmueble/OVCConsultaBI.htm
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