On 2nd August, the Regional Government of Murcia passed a bunch of tax measures in order to strengthen the economic growth:
Region of Murcia Tax over transmissions of goods
The acquisition of real estate goods by youngsters under 35 years old or by companies held 100% by these people will be tax with just 5% of tax over transmissions of goods.
Region of Murcia Inheritance Tax
Reduction of 99% over cash acquired in the inheritance
A new reduction is passed and it is a 99% discount of the tax to pay for those heirs that aim the money from the deceased or from a life insurance policy to the acquisition of shares in a company or to initiate or widen an individual company.
The amount of money the reduction of 99% can be applied over is up to 300.000 € and 450.000 € if the heir is a person with at least a 33% of disability
Acquisition of an agricultural company
The new law passes a reduction of the value of the agricultural company of 99%.
Region of Murcia Donation tax
Reduction of 99% of cashed donated for the acquisition of a first company by people under 35 years old
The amount of money the reduction of 99% can be applied is up to over 300.000 € and 450.000 € if the heir is a person with at least a 33% of disability instead of the 100.000 € and 200.000 € the former law displayed.
Reduction of 99% of the value of real estate donated for the development of a first company
This new reduction is passed and it covers additional requirements.
The value of the property the reduction of 99% can be applied over is up to 300.000 € and 450.000 € if the heir is a person with at least a 33% of disability
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