Tax services in Mojácar
If you are a foreign citizen in Spain and whether or not you are resident in the country but have ties with the country, you should be well advised and know what kind of taxes apply to you and which tax regime is best suited to your situation.
Having a property in Spain and if you are non tax resident entails some tax obligations with the Spanish Tax Agency. We can be your tax representatives in this respect.
If you are a tax resident in the country, we will have to study your situation so that, applying the International Double Taxation Agreements signed with Spain, you will be taxed correctly where applicable and avoid paying taxes in both countries at the same time. We also take care of requesting any refund of money that may have arisen due to the overlapping of times due to having paid taxes in two different countries for the same concepts and in the same periods. This sometimes happens when the tax year in one country and the other is different.
Likewise, when you sell a property that you own, you are obliged to pay tax if this has generated an profit in Wealth with the sale and if this has not been the case, we will claim a refund of the taxes that have been paid at the time of the sale from the Tax Agency, recovering 100% of the same.
It is very important to study the tax situation of each client, in a personalised manner, and to analyse the best tax environment for the client to determine where they will establish their tax residence.
In this sense, we have come across numerous cases of citizens of other countries who were residing in Spain and who were not informed of their tax obligations, so that they did not pay taxes here and did not even know that they should do so, generating many problems with the tax authorities that are difficult to solve afterwards. In this regard, we have numerous successful cases of citizens who were in this situation and who we have even regularised with retroactive effect with the Tax Agency.
In addition to all these taxes that accrue with the ownership of a property in the country or being a tax resident, it can happen that a person wants to donate a property to another person, having to pay, therefore, the corresponding taxes for the donation. Currently in Andalucia there is a 99% tax credit for donations to family members.
Likewise, if there is an inheritance or if it is necessary to declare assets from abroad (form 720) we will handle these processes and the calculation of these taxes.