News Updates

November 2006 - Capital Gains Tax - Law Changed

The new Spanish law 35/2006 issued the 28th November 2006 that came in force on the 1st January 2007 rules that capital gains tax applicable from the sale of a property will be at the tax rate of 18% based on the profit arising from this sale. EU Spanish Non Residents will be charged the same rate as opposed to 35% previously charged!