Tag Archives: tax

The European Commission decided on Wednesday to bring Spain before the Court of Justice of the European Union for its discriminatory treatment of nonresident taxpayers. Spain did not remedy a violation related to free movement of capital that was opened in December 2021. The EU has intervened, claiming that state authorities have “not been sufficiently effective”. Spanish tax law allows …

I’m a Marbella real estate specialist with over 50 years of experience. Therefore, it is my duty to give a response to the Prime Minister Pedro Sanchez plans to tackle the housing crisis. Among the 12 measures outlined this month, the proposal to increase the fiscal cost of property purchases by non-EU residents to ‘up to 100% of the value …

Wednesday, 12th February 2025 at 16:23 The Spanish government approved an increase of 4.4% in the minimum salary, which will bring it up to 1,184 euro in 14 installments, or 50 euros extra per month. This was done on Tuesday, 11th February. It means that 2.4million workers will receive an additional 700 euros per year. In some cases, however, the …

Wednesday, 22 January 2025, 17:19 The European Union’s Financial and Monetary Affairs Council (Ecofin) accredited on Tuesday 21 January the modifications to the Spanish restoration plan which can permit it to launch 25 billion euros in European support, as a part of the fifth cost of the Subsequent Era funds. The addendum – introduced in December – contains the diesel …

Tuesday, 14 January 2025, 18:51. Hours after the Popular Event (PP) introduced its real estate steps for the locations in Spain where it is the regional judgment celebration, consisting of tax obligation cuts to help with youngsters’s accessibility to real estate and shield home owners, Pedro Sánchez introduced the nationwide federal government’s propositions on Monday at the closing event of …

Tuesday, 24 December 2024, 09:00. The Spanish federal government has actually accepted a plan of financial actions, that include a six-month expansion of public transportation discount rates, a rise in pension plans and an expansion to constraints on international requisitions of Spanish firms. Showing up prior to the media complying with the last closet conference of 2024 on Monday 23 …

Tuesday, 17 December 2024, 10:18. The Brand-new Year will certainly bring a brand-new boost in payments and a brand-new tax obligation that strikes the high-earners in Spain to assist pay the pension plans of the child boom generation. This issues of the tax obligation reforms created by Spanish economic expert José Luis Escrivá, presently working as guv of the Financial …

The President of the Authorities, Pedro Sánchez, has introduced a rise in tax for the wealthy, saying that Spain can be a greater nation with extra electrical vehicles and public buses and fewer “Lamborghinis”. Sánchez introduced on Wednesday that taxes can be raised “for individuals who already have the funds for within the financial institution to dwell 100 lives.” The …