TAXATION FOR RESIDENTS IN SPAIN AND FOR NON RESIDENTS. NEWS

It has been changed recently the general (from the State)basis of the Income Tax for physical persons residents in Spain, by means of the RD 9/2015 de 10/10;

The following examples include the needed tax adaptations for residents in Catalonia

TAXATION FOR RESIDENTS IN SPAIN

INCOMES DUE TO ECONOMIC ATIVITIES, PROFESSIONALS , INCOMES FROM PROPERTIES, REVENUE SHARINGS:

Taxable basis

It was estimated for 2015

It has changed for 2015 with retroactive effects from January 2015

2.016

To 12.450

20%

19,50%

19%

From 12.450 to 20.200

25%

24,50%

24%

From 20.200 to 34.000(2015) to 35.200 <(2.016)

31%

30,50%

30%

From 34.000/35.200 to 60.000

39%

38%

37%

From 60.000 on

47%

46%

45%

 

For instance, a resident who earns in 2015  100.000€ will pay 36.815,25€ (before deductions and reductions). (Lacking the adaptation which each Autonomic Community decides)

Detail of the calculation of the example:

TAXABLE BASIS

DIFFERENCE

PERCENTAGE

TO PAY

 

TO 12.450

12.450

19,50%

                          2.427,75 €

 

12.450 - 20.200

7.750

24,50%

                          1.898,75 €

 

20.200 - 34.000

13.800

30,50%

                          4.209,00 €

 

34.000 - 60.000

26.000

38%

                          9.880,00 €

 

60.000 - 100.000

40.000

46%

                       18.400,00 €

FINAL PERCENTAGE

 

 

TOTAL SUM 

                       36.815,50 €

36,82

 

 

 

FOR THE INCOME FROM SAVINGS OF RESIDENTS:

 

2.015

Applicable rate 2015 RDL 9/2015

2.016

Taxable basis

 

   

To 6.000 euros

20%

19,50%

21%

From 6.000 to 50.000

22%

21,50%

21%

From 50.000 on

24%

23,50%

23%

 

That is, if a resident receives interests of 100.000€ from his savings, will pay for this concept: 22.380€ (Lacking the adaptation which each Autonomic Community decides)

Detail of the calculation of the example:

TAXABLE BASIS

DIFFERENCE

PERCENTAGE

TO PAY

 

TO 6.000

6.000

19,50%

                          1.170,00 €

 

6.000 - 50.000

44.000

21,50%

                          9.460,00 €

 

50.000 - 100.000

50.000

23,50%

                       11.750,00 €

FINAL PERCENTAGE

     

                       22.380,00 €

22,38

 

RETENTIONS ON THE INVOICING OF RESIDENT PROFESSIONALS AND SELF-EMPLOYED:

The retentions that the company or professional clients will have to make to their professional suppliers (physical persons self-employed) will be: from July  2015, the 15%.

For the recently created self-employed, until the first three years, will pay the 7% from 12/07/2015

RETENTIONS ON THE INCOME FROM MOVABLE CAPITAL, PROPERTIES AND STATE PROFITS OF RESIDENTS

From 12th July will be 19,5% (before 12h July was 20%)

TAXATION OF NON RESIDENTS

Incomes received by the permanent establishment on the amounts transferred to a foreign country generated by the permanent establishment

19,5

Incomes received by non residents without permanent establishment in a European country with which there is tax information exchange

For the income of interests, profits and property profits

19,5%

OPTIONAL RULES FOR WORKERS MOVED TO SPANISH TERRITORY

The physical persons who obtain their tax residence in Spain as a consequence of their moving to Spanish territory, can chose to pay taxes according to the Tax on Income of non residents, with the special rules established in part 2 of article 93 of the Law of IRPF. 

General part of the Taxable basis

Taxable basis

 

To 600.000 euros

24%

From 600.000 euros

47%

 

Special part of the taxable basis: of savings

Taxable basis of savings

Total tax

Rest of taxable basis

 

0

0

6.000

19,50%

6.000

1.170

44.000

21,50%

50.000

10.630

On

23,50%

 

17/07/2015

Signed:

Santiago Roig Gironella

Alejandro Espada Gerlach

Abogados

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

LAWYERS
ESPADA GERLACH®

Google+ Abogado Barcelona LinkedIn Abogado Barcelona Facebook Abogado Barcelona

- LAWYERS - Espada Gerlach ® -

C/ Provenza 253, entresuelo 2ª
08008 Barcelona (Spain)

We attend you also in Fortiá (located between Roses and Figueras and Empuriabrava, Cadaqués -Girona-, by previous appointment)

Tel.: +34933012741
Fax: +34933012808

+34609376006
This email address is being protected from spambots. You need JavaScript enabled to view it.
This email address is being protected from spambots. You need JavaScript enabled to view it.

Coordinates Google: 41.394453,2.160999

V-CARD

Diseño web PubliWords

NOTE! This site uses cookies and similar technologies. If you not change browser settings, you agree to it. I understand | Learn More