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Very large reduction to inheritance tax in the Valencia Region. Basically no more inheritance tax for children, parents os spouse. The new president of Regional Government for the Valencia Region , Carlos Mazón, has reported on the agreements discussed in the first meeting of the Consell Plenary. The first measure adopted by the new Consell
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If you live in the U.S.A. , Australia or any other Non E.U. country (this is extremely important for U.K. citizens after Brexit ) you can now in my opinion claim the application of the regional government exemptions (applicable in the region where the majority of value of the assets are situated ) on inheritance
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