Carlos Baos. Recognised by Best Laywers. White Baos Abogados en Denia, Alicante, Costa Blanca . Familiy Law. […]
New Success. We won a Supreme Court case about a penalty clause on a purchase contract of a hotel. Successful Court Decision Nets Client €700,000. Modification of the penalty.
Law firm in Spain. Litigation and Real Estate experts. Penalty clause in a sales contract. Hotel sale. Supreme Court ruling. New Success. […]
VAT in the purchase of land. Construction for sale. Rehabilitation. Tax savings.
In Spain, under certain circumstances, the buyer of a plot of land may be considered an businessperson for VAT purposes, even if they are an individual who does not carry out any business or professional activity. This means that the transaction would be subject to VAT, which carries important tax implications and advantages. In this […]
Capital gains tax from sale of Property. Exemption for over 65s. Habitual residence.
When selling a property in Spain, the seller must pay tax on the capital gain from sale under Personal Income Tax (IRPF). However, there are certain exemptions that allow you to avoid or reduce this tax burden. In this week’s article, we analyse one of the most relevant exemptions: the exemption on the capital gains […]
How and When to Declare a Gift in Spain. Tax Benefits. Requirements. Documentation.
Correctly declaring a gift in Spain will not only help you avoid problems with the Tax Authorities. It will also enable you to benefit from significant bonuses and deductions under both state and/or regional regulations. In this week’s article, we discuss the most important aspects of gifts in Spain that both the donor (the person […]
