Osuna Consulting takes care of filing your non resident tax declarations
(Wealth and Income Tax), before the Spanish Inland Revenue.
We will also keep you informed of any taxes you will have to pay
now and in the future, please note the following:
- Any non-resident individual owning a property in Spain is liable
to the payment of both Wealth and Income Tax.
- These taxes must be paid on an annual basis. If you bought your
property in 2005, the year 2006 is the first year you have to pay
your taxes.
- Should you fail to pay your Wealth and Income Tax to the Spanish
Tax Authorities, upon the sale of your property in Spain, you will
not be able to recover the 5% retention on the sales price made
on account of possible capital gains tax.
Osuna Consulting can act as your Fiscal Representative, filing all
the necessary forms and reminding you of payments due to the Spanish
Tax Authorities. |
