5% retentions – refunded quickly?

This topic contains 4 replies, has 4 voices, and was last updated by  Anonymous 12 years, 9 months ago.

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  • #51549

    Anonymous
    Participant

    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!

  • #60833

    Anonymous
    Participant

    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

  • #60839

    Anonymous
    Participant

    In Málaga province is taking 12 months approx.

  • #60845

    Anonymous
    Participant

    Ouch.

  • #60894

    Anonymous
    Participant

    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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