Taxes
Spain has signed agreements with the rest of the EU countries, except Greece, in order to avoid paying taxes twice for the same earnings. In this way, if you have incomes in another member state, you will pay the corresponding taxes in Spain, in the other country or a part in each country, depending on the terms of the tax agreements.
Taxes in Spain are divided in: 12.3 % on indirect taxes such as goods and services;9.9% on rent taxes and companies benefits; 21.3 % on patrimony and other smaller percentages. Spain is the seventh country, together with Germany, Austria, Czech Republic, France, The Netherlands and Japan, where the Social Security returns constitute the main income source of the Public Administrations.
Regarding taxes, if a person lives in Spain, he/she must pay for the total of the goods he/she owns in any other country if his/her patrimony surpasses a minimal amount. This a progressive type of tax against the patrimony.
There is also a tax on legal and commercial documents and certain transactions, such as the acquisition of real estate properties and the constitution of mortgages. In the same way, municipalities have their own taxes, such as those on automobiles and real estate properties.
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