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if your tenant decides to begin carrying-out a business activity in the rented property. In this case , you have the obligation to deduct VAT and then make the corresponding quarterly VAT declarations to the Spanish Tax Office.
The Decree provides that inspections will take place and that the owners of any property in which this activity is taking place, and that is not registered, will be liable to a fine of between 2001 € to 18,000 €.
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Conscious of the difficult financial situation in which many people find themselves, judges are nowadays prepared to permit somewhat surprising reductions in child maintenance and alimony provisions, previously agreed by the parents of the child or awarded by the court.
How can a property in Spain, owned by a non-resident couple who have divorced in their country of origin, have the title transferred to the spouse who is to retain ownership, and what are the taxation implications?
A strategy that may be employed by the non-custodial parent is to make the proceedings last as long as possible… in an effort to increase the chances of reaching an early agreement that is more advantageous to their side.
In some cases, in my opinion, it might be maintained that it would be possible to enforce terms of a separation when the spouses have decided to live apart and have agreed verbally such terms as, for example, child maintenance payments.
if the deceased was not resident in Spain , heirs not resident in Spain can apply the rules of the Autonomous Community in which the majority value of their assets are located. If the heirs are resident in Spain , the rules of the Autonomous Community where they reside shall apply.
While many people who visit Spain would love to stay, it can be difficult to find employment, like they would in their country of origin, as a result of language difficulties and a stagnant local jobs market. As a result, many take the opportunity to set-up a business, often for the first time, and taking […]
Relocating an employee to live in another country is now a commonplace requirement for any international company, while individuals also seek worldwide job opportunities. Moving an employee to Madrid represents a number of particular challenges, particularly with language but also culture.
For anyone resident in Spain there are certain considerations to take into account if you want to make a ‘gift’ to a family member or indeed any other individual, of a property you own, that is located outside Spain.
Buying a Car in Spain to Export Nowadays, buying a vehicle in Spain, second hand or classic (defined as a car at least 25 years old) , in order to transfer it abroad can be a great option. Especially classic cars, whose prices are very accessible in the international market due to the delicate Spanish […]
There are two types of breathalyser used by the police in Spain – one is a mobile design, used by the Police when out on patrol. It is more rudimentary and less precise than the larger version that is used in Police Stations.
A judgment by the Spanish Supreme Court, of the 25th of November, 2015, has invalidated as ‘usurious’ a contract for ‘revolving credit’ offered by a finance company that provided access to ‘Fast Loans’ with interest rates up to 24.6% APR (Annual Percentage Rate).