Temporary and lifetime annuities are common financial products in Spain, typically structured through life insurance contracts or capitalisation schemes. The Spanish Tax Office (AEAT) provides a detailed set of rules that determine how much of each payment is taxable and how these annuities must be included in the Personal Income Tax return (IRPF). What is … Read more
In Spain, businesses and self-employed individuals must comply with various tax reporting obligations. One of these is Modelo 347, an annual informative declaration required by the Spanish Tax Agency (Agencia Tributaria). This form is used to report transactions with third parties that exceed a specific threshold, ensuring greater transparency and preventing tax fraud. What Is … Read more
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The Income Tax and Wealth Tax Declaration campaign is now underway. All tax residents of Spain are reminded that Income and Wealth Tax Declarations must be filed no later than 30 June.
In addition, Great Fortunes Tax Declarations must be submitted by 31 July.
Please contact us if you would like assistance, as we can prepare and file the declarations on your behalf.
