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