The year 2024 brings significant fiscal changes that will impact taxpayers. From adjustments in taxes on rental properties to modifications in income tax declaration obligations, including the reinstatement of the Wealth Tax in certain regions and expansions in deductions for energy efficiency improvements and donations. Here are the key transformations that may affect taxpayers: More… Continue reading Fiscal changes in the new year whats in store for taxpayers in 2024?
Tag: Energy Efficiency
SPANISH EXIT TAX
Law 26/2014, of November 27 on Personal Income Tax (hereinafter, PIT), in force since January 1, 2015, establishes a case of taxation of unrealized capital gains when a taxpayer moves outside Spain, as an instrument to prevent tax evasion and a measure to guarantee tax revenues. The exit tax established in the PIT taxes the… Continue reading SPANISH EXIT TAX
Tax advisor: Strategies to Alleviate the Burden of IRPF at Year-End
The Registry of Expert Tax Advisors (REAT) is issuing suggestions to ease the tax burden of the Personal Income Tax (IRPF) at the annual fiscal closing. Presented in Tenerife, the 2023 Income Tax Declaration Planning report offers up to 100 recommendations to “optimize the tax impact” before December 31. The General Council of Experts highlights… Continue reading Tax advisor: Strategies to Alleviate the Burden of IRPF at Year-End