A stock option gives the holder the right to purchase a predetermined number of shares of a company, at a fixed price (the strike price), on or before a fixed date (the expiration date). To […]
Read MoreForeign assets classes to be reported In Spain, like in most developed countries, foreign assets disclosure is compulsory for resident tax payers. They must report every year to the Tax Office three different assets classed […]
Read MoreFor the tax year 2016, as usual, the tax rates applicable to individuals (Personal Income Tax) and companies (Corporation Income Tax) have been reduced Starting by the Corporation Income Tax, the new general tax rate […]
Read MoreIf you are thinking in moving into Spain or retire here, you may be want to know how much tax would you have to pay in Spain. We have prepared an income tax calculator based […]
Read MoreFor the tax year 2015, the tax rates applicable to the Personal Income Tax are the ones shown below. They may change depending on the residence of the tax payer within the Spanish territory because […]
Read MoreThe Spanish tax system overhaul planned by the group of experts entrusted by the Spanish Government greatly affects the structure of the Personal Income Tax, which affects individuals resident in Spain for tax purposes. These […]
Read MoreSpain is well known to be a high tax jurisdiction, basically due to the fact that the both the Corporations Income Tax (“CIT”) and Personal Income Tax (“PIT”) have very high tax rates (30 % […]
Read More