SPANISH CAPITAL GAINS TAX

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    • April 10, 2006 at 10:20 am #51715
      Anonymous
      Participant

      I have read that there is a proposal that from 2007, the capital gains tax will be 18% on second properties ( i.e. not your main property in Spain)

      The Spaniards will pay additional 3% and non Spaniards will pay 17% less.

      Can somebody confirm ?????. This is good news and I am sure that the forum had been instrumental in its efforts to bring this fairness.

      The Banks are next and we have to start building pressure on them.

    • April 10, 2006 at 10:58 am #61683
      Anonymous
      Participant

      Perhaps it’s all part of the “clean up” of the Spanish property market. Good news if it happens.

    • April 23, 2012 at 8:27 am #108488
      Anonymous
      Participant

      Note that the Spanish Government quietly put up CGT this year from 19pc to 21pc.

    • April 23, 2012 at 9:24 am #108489
      Chopera
      Participant

      @mark wrote:

      Note that the Spanish Government quietly put up CGT this year from 19pc to 21pc.

      I doubt if many Spanish expect to make any capital gains for quite a few years anyway

    • April 23, 2012 at 11:16 am #108494
      Anonymous
      Participant

      That is what I felt. However the capital gains also cover other gains of a capital nature e,g stocks and in addition there will people who had bought in the 60,70’s

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