INDEPENDENT LAWYERS & TAX ADVISORS

QUICK CONTACT

 

Tel.: +34 966 472 660

Fax: +34 966 472 510

info@legalandfiscal.com

For our Guide to Buying, Selling & Owning Property e-mail guidebook@legalandfiscal

COSTA BLANCA LEGAL & FISCAL CONSULTANTS

Not fully understanding the Inheritance Tax provisions which apply in Spain could mean that more tax than is necessary is paid to the authorities and that assets are not distributed in a tax efficient manner.  CB Legal & Fiscal provide comprehensive advise in respect of the potential tax liability that individuals may face and the steps that we would recommend to mitigate your taxation position.

 

In addition, the position in Spain is further complicated by the differing rules which apply between each autonomous community. For instance, Valencia and the Balearics recently substantially overhauled their inheritance tax provisions but such sweeping changes apply in limited circumstances and  the position in Cataluña or Murcia may differ enormously.

 

The situation can be further complicated by whether individuals or their intended beneficiaries are technically resident or not and for this reason prudent tax planning is essential. We have written in detail on this point and can happily provide comprehensive Inheritance Tax planning advice whether this be through the use of a well drafted Spanish will or more complex tax planning packages.