Wealth Tax Question
Sep 18th 2011, 2:17 pm
#1
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Wealth Tax Question
I see that the Govt have reintroduced the Patromonio tax for 2011 & 2012. Does anyone know what the bands and % tax will be? I see loads of articles saying that it starts from €700.000 but nothing about bands/percentages.
Sep 18th 2011, 3:23 pm
#2
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Re: Wealth Tax Question
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Sep 18th 2011, 3:50 pm
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Re: Wealth Tax Question
http://www.spanishpropertyinsight.co...ax-patrimonio/
The basic exemption is €700k plus an exemption on your habitual residence of €300k (twice the old amount).
For a married couple sharing their assets that means that the starting point is €2m.
Sep 18th 2011, 5:28 pm
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Re: Wealth Tax Question
I assume the bands are the same as before.
Thanks for that. I was thinking that too. I just wondered if anyone knew this to be the case or not.
Thanks for that. I was thinking that too. I just wondered if anyone knew this to be the case or not.
Sep 18th 2011, 5:36 pm
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Re: Wealth Tax Question
Sep 18th 2011, 6:21 pm
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Re: Wealth Tax Question
Thanks. That would be appreciated.
Sep 29th 2011, 5:41 pm
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Re: Wealth Tax Question
I assume the bands are the same as before.
http://www.spanishpropertyinsight.co...ax-patrimonio/
The basic exemption is €700k plus an exemption on your habitual residence of €300k (twice the old amount).
For a married couple sharing their assets that means that the starting point is €2m.
http://www.spanishpropertyinsight.co...ax-patrimonio/
The basic exemption is €700k plus an exemption on your habitual residence of €300k (twice the old amount).
For a married couple sharing their assets that means that the starting point is €2m.
Not so good
Sep 29th 2011, 5:43 pm
#8
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Re: Wealth Tax Question
Where are you hearing that?
My understanding is that like IHT, regions can offer better deals but not reduce the allowances offered by central government.
My understanding is that like IHT, regions can offer better deals but not reduce the allowances offered by central government.
Last edited by Fred James; Sep 29th 2011 at 5:50 pm.
Sep 29th 2011, 6:18 pm
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