22 May 2012

Modification of the rate taxation on the capital – Transfer tax and on the documented legal acts tax.The Junta de Andalucía has approved the General Budget Law which includes an increase of the rate of taxation on the Onerous Capital-Transfer Tax and on Documented Legal Acts (I.T.P & A.J.D), which affects to the Tax paid by a purchaser of a real estate property from a non promoter seller.

SPANISH ROYAL DECREE no. 18/2012 ABOUT THE REORGANIZATION AND SALE OF REAL ESTATES OF THE FINANCIAL SECTOR.50% TAX EXEMPTION ON...

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