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We blog legal and tax information targeted to resident and non resident UE citizens in Spain to help them with these issues and to solve doubt and generate controversy about these matters.

The unfairnes of the Non-resident tax
Wednesday, July 8, 2009 @ 9:32 PM

Well,

It is quite unfair indeed, that just the ownership of a property might a generate a revenue that is completly fictitious. I don´t know if back in the UK there is a similar figure like this. But things where quite worse last year, when you had to fill form 214, because that form covered the Income Tax and the Heritage Tax.

The residents in Spain also paid the tax over this fictious revenue. The treatment given to the non-residents regarding the abolished Heritage Tax was really discriminating comparing to the residents. And the reason is because residents had an allowance under of its limit had no Heritage tax to pay, but non-resident had to pay this tax from the first euro they had in Spain. 

So things have become a bit better. 

Antonio 

antoniojara@serveco.es

 



Like 0




4 Comments


Arthur said:
Thursday, July 9, 2009 @ 11:11 AM

I have complained to Brussels about the tax, but have heard nothing as yet. There used to be an equivalent tax in England several years ago (Shedule D) which applied to everybody who owned property.


myra cecila said:
Thursday, July 9, 2009 @ 3:51 PM

Shall we also add the rates when the Estepona residents received a reduction and non resident not. Illegal and discrimination.


Arthur said:
Thursday, July 9, 2009 @ 5:14 PM

Please feel free to do so. This does not happen in Tenerife where my property is


myra cecilia said:
Friday, July 17, 2009 @ 5:47 PM

Hola Antonio.

In the UK there is not the same tax on your first property. Furthemore what does the tax authority think when the price of property drops. They still see a profit. What an unfair system dont you think?


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