This is the time of the year when you have to check if you have to present before 30.6.2014 a wealth tax declaration in Spain
The assessment has to be presented by any owner whose assets exceed the net value of 700.000 Euros. If the property is owned by more than one person, i.e. married couple or co-owners, each owner will have to present an individual tax assessment and will have this tax exemption of 700.000 Euros.
Also the assessment has to be presented by any person whose assets exceed a gross value of 2.000.000 Euros, although no tax may be due taken into account the charges on the property.
For more information or an appointment please contact us on (0034) 952 822 321 or admin@nonresidenttaxesinspain.com.
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