Tax Advisor: La Rioja bonifies the 99% of the Inheritance and Gift Tax quota for parents, children and spouses

The Government of La Rioja approved on Thursday a 99% Inheritance and Gift Tax bonification for parents, children and spouses. Until now, this rebate was applied to inheritances with net taxable bases equal to or less than 400,000 euros. This action eliminates a tax considered obsolete and confiscatory (only 1% is maintained for administrative control… Continue reading Tax Advisor: La Rioja bonifies the 99% of the Inheritance and Gift Tax quota for parents, children and spouses

Tax Advisor: Inheritance Tax in Andalusia: Inheritance tax amount, discounts and conditions

Receiving an inheritance can sometimes be costly. Inheritance and Gift Tax has generated considerable controversy. This is because the amount of this tax can vary significantly depending on the autonomous community of residence. In reality, this tax is national in scope and is payable on the transfer of assets from one individual to another upon… Continue reading Tax Advisor: Inheritance Tax in Andalusia: Inheritance tax amount, discounts and conditions

Tax advisor: Tax consequences of a transfer of residence from France

A French married couple residing in France is considering moving to Spain and wants to know what tax implications this would have in terms of income tax, wealth tax, inheritance tax and the declaration of their assets abroad. Regarding personal income tax, the income generated by the French companies to which the married couple belongs… Continue reading Tax advisor: Tax consequences of a transfer of residence from France