11 Sep 2008 12:00 AM:

We have just scrapped our Spanish reg car in the Channel Islands and need to send the log book to the Traffic Office in Malaga.  Hopefully someone on this forum will know the correct address.  The only one I can find is:-  
Jefetura del Traffico
Mauricio Moro Pareto 13
Malaga


Thread: Traffic Office Malaga

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29 Feb 2008 8:48 PM:

Hi everyone,

We have just been to see our lawyer and he has informed us that anyone selling a property will be stopped 3% capital gains tax at the notary irrespective if they are residents or non residents.  We went to the Agencia Tributaria in Torremolinos and after 17 days received our Residencia Fiscal en Espana which said that we are residents and up to date with our tax.  Apparently we need to have it stated on this certificate the details of the property we will be selling.  Our lawyer thinks that unless we have a contract of sale for another property or a rental agreement he did not think they would issue this to us.  We have lived in Spain for 7 years and paid our income tax (including capital gains) during this time.  It will be difficult to have 3% stopped at the notary because when it was included in our income tax we were able to pay it in two instalments in the following tax year.

Has anyone else who is a resident been in this situation or got any more information.

Thanks

Thread: New CGT Rules

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16 Jun 2007 9:01 AM:

Hello Roberto,

Many thanks for taking the time to reply to my post.  I think that I am now clear about our position regarding CTG if we manage to sell our apartment.  My husband is 65 and I am 63 and we have just renewed our residencia with the stupid green form which is absolutely useless as proof of identity.  I hope I am right in thinking that because we own our apartment jointly only the 50% I own would be liable for CTG because my husband is 65 and not liable for CTG on his share of the property.

Take care,

nannyjersey

Thread: CAPITAL GAINS TAX

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15 Jun 2007 8:17 AM:

Thanks for the reply Roberto.  On trawling the net I have found out that to be classed as a resident  for CTG purposes you have to provide the previous 3 years tax returns, an escritura in your name that is more than 3 years old or a certificate from your local town hall to say that you have been registered as living there for more than 3 years.  You will also need to prove that you intend to continue living in Spain by providing a contract to purchase a new home or a rental contract for at least one year.  Your Lawyer or asesoria will apply for an exempton certificate (O2) from the tax office to say that you qualify to be exempt from the normal retention of 3%.  You will still be liable to pay 18% tax on any profits from the sale but this amount is not due on completion but has to be declared on the next years tax declaration.  If within 2 years of the sale you invest all of the profits into another primary home you will not have to pay this tax.  Foreign residents aged 65 and over ae not liable to pay capital gains tax but will need to prove that they qualify to be treated as a Spanish resident.

Does this information sound correct to you?

Our Estate Agent was in Fuengirola and who is Harry?

Thread: CAPITAL GAINS TAX

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14 Jun 2007 2:02 PM:

Hi everyone,

I thought I new about capital gains tax but we have just been to see an estate agent and he says that if a property is sold by a resident or non resident there will bea 3% retention at the Notary´s office.  We have sold before and because we are residents have not had to pay  retention of monies for tax purposes.  The last time we sold was in August 2005 and we had to go the the Ayumiento in Torremolinos to get a form which stated that we were residents and our payment of taxes was up to date.  I know the tax laws changed in 2007 and wonder if everyone, resident or non resident, is now liable for the 3% retention.  I would also be interested to know what age men and women are not liable to pay capital gains tax.  This subject has been mentioned in this forum but at the moment no-one seems able to provide accurate information.  Hoping someone can help.  Thankyou in advance.

 

Thread: CAPITAL GAINS TAX

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