by Sonia Velasco | Aug 22, 2014 | • Residency; consequences, double nationality, cross border estate planning, • The will or testament
Are non residents in Spain discriminated against where inheritance and gift tax is concerned? Are there any possibilities to ask for a refund of the taxes paid in the past? The tax treatment of non residents in Spain concerning inheritance and gift taxes could be...
by Sonia Velasco | Aug 22, 2014 | • Residency; consequences, double nationality, cross border estate planning, • The will or testament
Issues arising when an inheritance or a gift involves non-resident individuals. Under Spanish regulations, mortis causa transfers and inter vivos gifts are subject to inheritance and gift tax (“IGT”). Spanish resident individuals are subject to IGT on their worldwide...