News from ABC Solicitors
ABC Solicitors would like to inform you of the modifications to the 2/2010 Law, passed on March 1st, 2011. This Law was designed for non-residents tax payers in Spain who own a property and pay their income tax in another country of the European Union.
How has this law changed?
Everyone who was obligated to pay Non-Resident Income Tax for the real estate assets they own in Spain, may now apply for the deduction of the tax paid in Spain in the country in which they are tax residents, provided that the country belongs to the European Union and has a Tax Treaty with Spain.
Don’t hesitate to contact ABC Solicitors if you have any queries. We can advice you about the specific characteristics of your country’s tax arrangements with Spain.