Understanding Spain’s Non-Resident Income Tax (IRNR) is crucial for individuals and entities not residing in Spain but earning income within the country. This tax applies to various income sources, including property rentals, capital gains, and business activities.
Taxpayers (Sujeto Pasivo): Non-resident individuals and entities who obtain income in Spain are subject to IRNR.
Taxable Income: The tax encompasses various income types, such as:
Income from real estate located in Spain.
Earnings from economic activities conducted within Spain.
Capital gains from the sale of assets situated in Spain.
Tax Rates: The applicable rates vary depending on the nature of the income and the taxpayer's country of residence.
Filing deadlines:
For income from real estate, the tax return is typically due by December 31st of the year following the accrual of the income.
For capital gains, the return is due within three months following the end of the month in which the gain was realised.
At Svelsan International Lawyers, we offer comprehensive services to ensure your compliance with Spanish tax obligations:
Tax assessment: We evaluate your specific situation to determine your tax liabilities under the IRNR.
Timely filing: We ensure that all tax returns are filed punctually, adhering to Spanish tax deadlines.
Representation: We act on your behalf in communications with Spanish tax authorities, providing peace of mind.
Entrust Svelsan International Lawyers to manage your non-resident tax obligations efficiently, allowing you to focus on your personal and business pursuits.
