The National Fiscal Information has issued an interpretation in which it confirms that when planning to purchase a property in Spain and financing the transaction with funds from the sale of the property in Poland, there is no tax liability on the income from the sale of the flat in the country.
Category: Taxes
Andalusia even friendlier thanks to tax changes
320 days of sunshine a year, a huge variety of leisure activities, excellent cuisine and a friendly society. These are just some of the advantages with which the Costa del Sol attracts. Added to this list are also… tax issues.
Andalusia abolishes wealth tax
From 21 September 2022, a 100% discount on el impuesto de patrimonio, or property tax, is being introduced in Andalusia! Thus, the local government is once again reaching out to investors wishing to live on the Costa del Sol or own a second property in this or other regions of Andalusia.
Tax relief in Andalusia – an update
The Andalusian government has decided to extend indefinitely the reduction in tax on property purchases. This is excellent news for those who were planning to buy a villa or flat on the Costa del Sol but did not manage to finalise the purchase this year.
Tax relief in Andalusia until 31.12.2021!
If you are thinking of buying a property on the Costa del Sol then now is the best time! The Andalusian government has announced a change to the ITP property purchase tax from today until 31.12.2021.