Tag Archives: purchase tax on new property in spain

Increase of PurchaseTax for 2013

Posted by Daniel Martinez in Before Property Purchase, Post Property Transaction Information, Spanish Property Tax | Tagged , , , , | Leave a comment

This is only currently applicable to New developments/promotions. i.e properties that are being sold for the first time.  This puchase tax is NOT the standard ITP (impuesto de Tramisiones Patrimoniales) BUT is actually IVA (VAT).  The central government announced that … Continue reading