General view of Palma with the Cathedral in the background
General view of Palma with the Cathedral in the background.
The tax law in Spain explained
If you are considered a tax resident Spain, you will be subject to a "Personal Obligation", and, consequently, you will have to pay tax on all the income you generate both in Spain and in the rest of the world, which may increase your tax bill, depending on the case.
Spain's Constitutional Court endorses new wealth tax
The levy raised more than 600 million euros this year, according to the Budget Ministry.
Isabel Rodríguez during today's press conference.
Isabel Rodríguez during today's press conference.
The rich in the Balearics already paying more than the new "solidarity tax"
The Spanish government's solidarity tax on "large fortunes" will apply from the first of January.
Tax cuts for business sectors affected by war in Ukraine
Regional governments being asked to make proposals for a national plan.
BRANDED CONTENT
Tax deadline looms for non-resident property owners
Even though these non-resident owners don’t receive any rental income from their second home in Spain they still have to pay an annual tax on the property
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- Update: Royal Navy submarine dives into a storm in Spain
- After a holiday in Mallorca Richard Gere moves to Spain
- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”
- The 90 day rule does have some positive results in Spain!