9/26/2023 0 Comments Liquid assets in spanishThe solidarity tax applies throughout all Spanish territories, regardless of regional wealth tax, for both natural and legal persons.įor residents of Spain, all assets worldwide will be taken into consideration.įor non-residents, only Spanish assets are relevant, such as Spanish properties, liquid assets in a Spanish bank account, shares in a Spanish company, etc.Īny questions? Please do not hesitate to contact one of our experts. ![]() Trea is an independent asset management firm with a differential model. Who will be affected by this new legislation? Experts in managing guaranteed and highly profitable investment funds. The solidarity tax is a temporary measure applicable in 20. Look through examples of net liquid assets translation in sentences, listen to pronunciation and learn grammar. The first self-assessment would need to be submitted between May and June 2023, based on the assets held on 31 December 2022. Check net liquid assets translations into Spanish. This tax applies to taxpayers holding Spanish assets in excess of EUR 3 million net on 31 December of the relevant year. The law concerns a new, complementary tax on top of any existing regional wealth tax. (pensions, life insurances and liquid assets such as cash, bank deposits and. In other words, Spain now has a federal wealth tax. estimates with data on Spanish households financial decisions from the. Liquid assets and fixed income assets issued by the Kingdom of Spain and. At the end of 2022, the Spanish authorities introduced a new law at the federal level making everyone liable to pay a form of wealth tax, even if they live or own property in a region without any wealth tax currently. Briefing note Cajamar Fixed Returns, Pensions plans(in Spanish) (PDF 286,49 KB.).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |