Read more
Disclosure of assets (720 forms ): ANOTHER GOOD REASON TO PAY YOUR NON-RESIDENT TAX. Due to the new asset disclosure obligation (the infamous 720 form to be presented before the end of April 2013) a lot of property owners are asking the question: Are we tax residents in Spain or not? The way of finding
Read more
MENTIONING A TRUST ON A SPANISH WILL IS ASKING FOR TROUBLE. SOMETIMES WHAT IS LEGALLY POSSIBLE AND WHAT IS PRACTICAL IS NOT THE SAME THING. THIS IS A PERFECT EXAMPLE. NOT HAVING A SPANISH WILL AND RELYING ON A U.K. WILL THAT MENTIONS A TRUST TO WIND UP THE SPANISH ESTATE IS EVEN WORSE. Can
Read more
Our fantastic notary in Mojacar is retiring on the 1st of August. We would like to wish this great man, his six daughters and numerous grandchildren all the very best best.
Q. I have received a letter from the tax office demanding I pay non resident income tax, and that I must pay up for the last four years. I have never made any income from my property. What is this all about? A. Our government needs to collect to correct it’s deficit. If you are
Read more