Spain V.A.T. and Other Taxes





Spain Real Estate Transfer Tax

Individuals and companies pay a 6% transfer tax when buying a real estate from private individuals.
Transfer of shares is tax exempt, subject to terms.



Spain Real Estate Property Tax

The annual tax is imposed by the local authority, the rates change from city to city.
The rates are up to 1.3% of the market value.



Spain Inheritance and Gift Tax

The tax is imposed on Spanish heirs at rates ranging from 7.65% up to 34%.
The tax also applies to nonresidents receiving assets in Spain as inheritance or gifts.