(English) Monthly Newsletter - Arcos & Lamers Asociados

Which are the non-profit organisations in Spain?

This information is given to you by Arcos & Lamers Asociados, your lawyer in Marbella, Malaga, Spain.

The non-profit organisations are subject to a special tax regime set forth in law 42/2002 and the development regulations number 1270/2003.

The 6 most important non-profit organisations are:

1) Non-profit foundations.

2) Public utility associations.

3) Non-governmental development organisations under the legal form of a foundation or association.

4) Delegations of foreign foundations.

5) Spanish sports associations.

6) The Spanish Olympic and Spanish Paralympic Committee.

Spanish Tax rates on a general scale of the year 2014, 2015 and 2016

In a previous article, we talked about the tax rates and their scale to be applied on the savings tax rate. This time, we want to inform you about the general scale.

Likewise, we have talked about the scale for the Income Tax for Natural Persons (IRPF) for the return of 2014, which is to be filed and presented before the 30.06.2015.

But, what will happen from 2015 onwards with all these tax reforms?

To start with, in 2015 the number of scales will be reduced. Instead of seven scales in 2014, this will be reduced to only five scales. The only purpose of the legislator is to try and simplify the scales for the income tax. As you can observe in the comparisons made below, also the progressivity in the income tax is reduced. For the year 2016, that is to say, for the tax return that will be filed in 2017 for the fiscal year 2016, the tax rates are reduced with maintenance of those five scales.

Scale IRPF 2014

Taxes for non-residents. Capital gains in Spain

Capital gain tax in Spain. This information is drawn up to inform you about the capital gains that may arise from the sales of real estate in Spain. Do not hesitate to contact our lawyers or accountants of this English speaking law firm in Marbella, Málaga, Spain for more information.

Which Spanish tax law is applicable if a non-resident sells his property in Spain?

The Spanish capital gain tax that arise from the sales of a property for non-residents is not subject to the rules of IRPF (Income tax for Natural persons) but to the rules set forth in the law on IRNR (Income tax for non-residents), so known Impuesto Sobre la Renta de No Residentes.

What is the major new introduction on taxes for non-residents in Spain?

In order to ease the free circulation of citizens within the EU and the EEE, the taxpayer who is a non-resident in Spain is allowed to be exempted from the tax on capital gains that arises from the sales of what was his habitual residence in Spanish territory provided that that sum is being reinvested into a new habitual property. Nevertheless, the obligation of the 3% remains valid.

Tax rates in Spain