The Beckham Law, also known as the special regime for displaced workers or Impatriates Law, constitutes a unique tax regime aimed at individuals displaced who enter the workforce in Spain. Essentially, this legislation grants certain workers previously domiciled abroad the possibility of opting for a particular tax regime, more favorable than the general regime applied… Continue reading Beckham Law: everything you need to know
Tag: Taxation in Spain
Tax advisor: The Beckham Law will not attract the wealthy or pensioners living abroad
The revised legislation does not serve to bring back Spanish residents with fiscal residence in Portugal and other countries. The latest fiscal assessment of the Beckham Law or Regime will not facilitate the return to Spain of the high net worth individuals, nor will it help retirees with generous pensions, many of whom are in… Continue reading Tax advisor: The Beckham Law will not attract the wealthy or pensioners living abroad
Tax advisor: Key updates on Property Tax (IBI): exemptions, valuations, and compatibility
In three binding consultations in July, the General Tax Directorate (DGT) addresses various issues related to the Property Tax (IBI). The most notable novelty is the IBI exemption for properties owned by agricultural or livestock operators that are linked to such activities and have experienced a decrease in net income of at least 20% in… Continue reading Tax advisor: Key updates on Property Tax (IBI): exemptions, valuations, and compatibility
