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Special tax on lottery prizes in Spain

Are you interested about knowing how the taxation of Christmas lottery prizes works in Spain? Welex, your tax advisor in Marbella is pleased to write a few lines on this subject. The well-known «Lotería de Navidad” (Christmas lottery), one of the most popular lotteries held in Spain, is actually called «El sorteo extraordinario de Navidad” […]

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Non Residents Wealth Tax in Spain

Non Residents Wealth Tax in Spain The Wealth Tax in Spain (also called capital, equity or fortune tax) is a Tax that is applied individually, not on annual income or transactions, but on the personal assets of each individual which include among others: bank deposits, real estate and pension plans, and the calculation is based on the […]

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