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Will there be Property Tax in 2018? YO-YO taxes
We have started 2018 without Property Tax in Spain, as there is a full tax relief. We do have to pay the Tax for 2017 (tax returns can be filed till the end of June [...]
Purchase and sale of real estates in the Balearic Islands
Spouse’s express approval necessary when selling the family residence. The Balearic Civil Code Depending on the region, Spain has different civil rights systems (Navarra, Basque, Galicia, Catalonia and the Balearic Islands). This means that [...]
Tourist rentals – what does the preliminary draft law say?
Primary and brief practical approach to the civil law aspects (Preliminary draft law amending the 8/2012 Law, of July 19, relating to tourism in the Balearic Islands, concerning the marketing of tourist accommodation) 0.- [...]
Our intensive efforts for a strong internet performance are bearing fruits
In line with our strong commitment to the new technologies and innovative communication channels we have recently made a strong effort to improve our internet performance. According to the analysis of our website traffic, we [...]
PLANIFICATION OF INTERNATIONAL SUCCESSIONS
For those residents in the Balearic Islands, who are considering to plan their succession, we offer a complete service including all tax and legal aspects as well as the execution of all necessary steps. The [...]
WARNING: BRITISH EXPATS (IN SPAIN) MUST MAKE A NEW WILL TO AVOID SPANISH INHERITANCE LAWS
(DESPITE THE UK OPTED-OUT OF THE NEW EUROPEAN INHERITANCE REGULATION) It’s absolutely advisable for UK nationals residing in Spain to determine by a last will that the Nationality Law has to be applied in their [...]
FISCAL ADVANTAGES IN THE PURCHASE OF REAL ESTATE IN SPAIN BY NON-RESIDENTS WITH BANK FINANCING
Now, for most of the persons who plans to acquire real estate in Spain, being non-resident in this country, the most convenient and simple way is to purchase as individuals and not through Spanish or foreign companies. In this way, in [...]
TAXES PAYABLE IN SPAIN BY NON-RESIDENTS WITH PROPERTY FOR THEIR OWN USE AND/OR RENTED
TAXES PAYABLE IN SPAIN BY NON-RESIDENTS WITH PROPERTY FOR THEIR OWN USE AND/OR RENTED In addition to the annual REAL ESTATE TAX to be paid to the relevant City Hall, the non-residents who are owners of real estate in Spain must [...]
DMS informs foreign residents in Majorca about taxation and holiday renting
Following Thursday, June 25 at 17'00 p.m at Port d'Andratx, Restaurant Ca'n Pep, DMS's members, Alejandro del Campo, Miquel Àngel Mas, Sandra Krupp and Gunter Roth will be holding a conference aimed at foreign residents [...]
DMS Consulting celebrates its 25th anniversary.
For over a quarter of a century DMS Consulting has offered a legal, fiscal and corporate consulting at the highest possible level. There had been significant changes during all these years: the world itself, the [...]
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