capital gains tax

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This topic contains 3 replies, has 3 voices, and was last updated by Profile photo of Anonymous Anonymous 10 years, 3 months ago.

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  • #52106
    Profile photo of Anonymous
    Anonymous
    Participant

    We have an offer on our appartment but need to know if the current %rate has been reduced on the capital gains rule.Our spanish lawyer said a reduction from 35% to 18% was being proposed.We are waiting for information as to if and when. ❓
    Paul & Mo.

  • #64533
    Profile photo of Anonymous
    Anonymous
    Participant

    The change to the legislation required to equalise CGT for residents and non-residents hasn’t even been before parliament yet so nobody knows for sure if/when/how much.

  • #64899
    Profile photo of Anonymous
    Anonymous
    Participant

    Next year as from the first of January 2007 CGT will be down for non-residents from current 35% down to 18%.

  • #64699
    Profile photo of Anonymous
    Anonymous
    Participant

    Next year as from the first of January 2007 CGT will be down for non-residents from current 35% down to 18%.

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