MLVelascoThis year the Spanish tax office has started earlier than ever its campaign for collecting income declarations of residents in Spain, referring to the calendar year 2013; nevertheless the deadline for presenting the declaration is still 30 June 2014.
Tag Archive for law
Overseas Asset Declaration – How To
by Maria Teresa Velasco •
Law 7/2012, approved by Spanish parliament on October 29, 2012 introduced new measures for fighting fiscal fraud. One of them is the obligation for fiscal residents in Spain, to declare overseas assets of a value of over 50.000€.
Spanish Golden Visa for Investors
by Maria Teresa Velasco •
Last September the Spanish parliament approved Law 14/2013 of the 27 September also called “law for the support to entrepreneurs and their internationalization”. The law came into effect on the 29th September and its main objectives are to make life easier for self-employed people and to make access to credit easier for small medium enterprises.
Ley de Costas
by Maria Teresa Velasco •
The 2013 update of the “ley de costas” Coastal law
The Parot Doctrine
by Maria Teresa Velasco •
During last year and especially during the last two months Spanish medias have been talking about the doctrina Parot (the Parot doctrine).
Law for Services in the Information Age and Electronic Contracts:
by Maria Teresa Velasco •
The LSSI or “ley de servicios de la sociedad de la información y de comercio electrónico” (law for services in the information age) was initially launched in 2002 as 34/2002 of the 11th of July, and modified several times (last update April 2012).
Change of Ownership of a Car in Spain
by Maria Teresa Velasco •
When a private person sells a vehicle to another physical person, it is very important to go through the complete set of administrative procedures in order to change the ownership. Failure to do this will incur different types of problems including fines and road tax of the new owner being sent and charged to the former owner.
Defects in a Newly Purchased Property
by Maria Teresa Velasco •
It’s not uncommon that after purchasing a property, a new buyer finds concealed defects that seriously affect the value or the usage of the property. For example this could be a leaking swimming pool or more serious, a structural problem which compromises the stability of the building.
Income Tax in Spain 2012
by Maria Teresa Velasco •
Income tax or in Spanish IRPF (Impuesto sobre la renta de las personas físicas) is a tax for Residents in Spain that is filed every year. Remember in Spain the tax year runs from the 1st of January till 31st December.
This year residents Spain will have to file their tax returns related to the year 2012 between the 24 April and the 1 July 2013, online or between 6 May and 1 July through other means.
Non-residents in Spain who own assets on the Spanish territory will have to file for non- resident tax. In this case the deadline is until the 31 December 2013.
Incapacitation – Process & Consequences
by Maria Teresa Velasco •
‘Capacity of a person’ is a legal term to designate the ability to exercise legal rights, duties and obligations. For example the ability to make donations, entering into contracts, writing a valid will and getting married.