Capital gains tax Favourite Spanish Property Insight › Forums › Spanish Property Forums › Property Questions & Answers › Capital gains tax This topic contains 2 replies, has 2 voices, and was last updated by Steve 7 months, 1 week ago. Author Posts September 15, 2017 at 9:15 am #216488 SteveParticipant Hello We are currently selling a villa, and have been advised that capital gains tax on the substantial profit will be 20% as non residents in Alicante On searching through the internet the rate seems to be 19% Can anyone confirm the correct rate? September 15, 2017 at 2:59 pm #216490 Raymundo Larraín NesbittParticipant Hi Steve, It depends when you sold on. If you sold on between the 01-01-2015 and the 11-07-2015 the cgt is 20%. If you sold on between the 12-07-2015 and the 31-12-2015 it is 19.5% cgt. If you sold as from the 01-012017 it is 19% cgt. More info in my article: Taxes on selling Spanish property Taxes on Selling Spanish Property Regards September 15, 2017 at 3:12 pm #216494 SteveParticipant Hi Thanks for that I thought it was 19% last year and this, which is what you are saying too. For some strange reason, the lawyer said to pay them based on 20%, and they would pay it on our behalf. Thanks again Author Posts You must be logged in to reply to this topic.