Search results
Results from the WOW.Com Content Network
Personal income tax in Spain, known as IRPF, was introduced in 1900. It represents nearly 38% of government revenues. [ 2 ] Since 2007, the responsibility for regulating and collecting personal income tax has been decentralized, the autonomous regions being responsible for collecting 50% of tax revenue (although all the returns and amounts are ...
The list focuses on the main types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST and capital gains tax, but does not list wealth tax or inheritance tax. Personal income tax includes all applicable taxes, including all unvested social security contributions.
The Tax Agency was created officially in 1991 by the General State Budget Act of December 27, 1990 (in force since January 1, 1991) but it was not effectively formed until January 1, 1992.
The Spanish government has announced a major tax hike on housing in a hit to Brits buying properties in Spain. As part of a new proposal, property taxes for non-EU citizens in Spain would be ...
Spain is planning to impose a tax of up to 100% on the value of properties bought by non-residents from countries outside the EU, such as the UK. Announcing the move, Prime Minister Pedro Sánchez ...
Curbing foreigners from buying houses in Spain. Spain plans to limit the number of homes foreigners purchase by raising taxes on properties bought by non-European Union residents by up to 100%. Non-EU residents bought 27,000 properties in Spain in 2023, “not to live in” but “to make money from," Sánchez said as he announced the plan,
On 10 June 2005, the Spanish government approved Royal Decree 687/2005 implementing the personal income tax regulations in relation to article 9.5 of the Spanish PIT Law. The "Beckham law", as it is commonly known, regulates the procedure that applies to the new Spanish tax regime for expatriates in force since 1 January 2004.
The new expatriation tax law, effective for calendar year 2009, defines "covered expatriates" as expatriates who have a net worth of $2 million, or a 5-year average income tax liability exceeding $139,000, to be adjusted for inflation, or who have not filed an IRS Form 8854 [20] certifying they have complied with all federal tax obligations for ...