Unraveling Exit Tax in Spain: Smart Taxation when Changing Residence

Exit Tax in Spain refers to a tax applied when an individual or entity changes their tax residence outside the country. This tax imposes levies on unrealized gains accumulated by the taxpayer before the departure, particularly on assets like stocks or properties. The aim is to prevent tax evasion by taxing the accumulated gains at the… Continue reading Unraveling Exit Tax in Spain: Smart Taxation when Changing Residence

Tax Advisor: Unraveling Exit Tax in Spain: Smart Taxation when Changing Residence

Exit Tax in Spain refers to a tax applied when an individual or entity changes their tax residence outside the country. This tax imposes levies on unrealized gains accumulated by the taxpayer before the departure, particularly on assets like stocks or properties. The aim is to prevent tax evasion by taxing the accumulated gains at… Continue reading Tax Advisor: Unraveling Exit Tax in Spain: Smart Taxation when Changing Residence