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A small survey, if I may. For the vendors who have sold and had 5% of the declared value retained by the authorities against any taxes owed – how long did it take for the authorities to refund your money? Or how long have you been waiting?
It’s a question vendors usually ask when I tell them about the retention, but as I never see most of those who pay the retention again I never know if or when their money was returned to them.
Please state which province in Spain!
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I sold one property in CB and bought another on CDS a month later.
I recieved a refund just over 12 months later
El gamberro
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In Málaga province is taking 12 months approx.
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Ouch.
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We sold in January 05 – took lawyers a while to get form in to tax office – but here we are in Feb 06 AND STILL waiting for our 11,000€ back – although lawyer has told us we are entitled to 5% interest on our money after 8 months!
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