CHARGES TAXES & EXPENSES FOR PROPERTY > 6.Professional Representation for Capital Assets Tax and Property Owners’ Imputed Income Tax
Professional Representation for Capital Assets Tax and Property Owners’ Imputed Income Tax
All foreigners who own property in Spain are obliged to present a personal tax return to the Inland Revenue (Hacienda) every year. This tax return will include the two taxes we have discussed in the previous two sections: Capital Assets Tax and Property Owners’ Imputed Income Tax.
Failure to pay these taxes can result in fines and may even lead to an embargo being placed on your property. Our legal team can represent you in this respect. We charge a €250 fee (plus VAT) for this service.