Capital Gains for change the ownership of your Property: 3% withholding
When you sale your Property (or legally changed ownership thanks to a “Dacion en Pago” operation) 3% of the value is withheld because of the condition of being a non-resident according to the art.RD 5/2004 art.25 and art.14 RD 1775/2004. This is called 3% witholding...
PLUSVALÍA MUNICIPAL. Local Tax. How it can affect you??
“Plusvalía Municipal or Impuesto Sobre el Incremento del Valor de los Terrenos de Naturaleza Urbana (IIVTNU)”, is a local tax administered by Town Halls in Spain which aims to measure and tax the increase in value on an urban property when it passes into new...
Salud Andreo - Solicitor
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