Insights

Spanish tax and legal insights

Technical analysis of international taxation, estate planning, real estate law and family business, written by the Lex·on team.

Tax · Wealth

Spanish wealth tax for non-residents

Limited liability, the three million Balearic allowance, foreign companies holding Spanish property and the solidarity tax on large fortunes.

August 2026Read article

Tax · Expatriates

Spain's Beckham Law: the inbound regime

Conditions for Spain's article 93 inbound regime, the six-month election deadline, the 24% rate and the treaty residence problem it creates.

August 2026Read article

Tax · Tourism

Holiday letting in Mallorca: licence and tax

The ETV licence, tourist places and the taxation of holiday letting in Mallorca: property income or business, VAT, platform fees and stay tax.

August 2026Read article

Tax · Non-Residents

Selling property in Spain as a non-resident

How the 3% withholding works when a non-resident sells Spanish property, how the gain is computed, the deadlines and how to reclaim the excess.

August 2026Read article

Tax · Succession

Inheritance tax in the Balearic Islands

The scope of the 100% Balearic inheritance tax relief, the valuation conditions, the treatment of gifts and how non-resident heirs claim it.

August 2026Read article

Tax · Non-Residents

Modelo 210: imputed income for non-residents

How imputed income is calculated for non-resident owners of Spanish property, which rate applies and how the new 2026 filing deadlines work.

August 2026Read article

Tax · Wealth

Paying a unit-linked premium with shares

The Spanish tax authorities confirm that paying the premium with shares is a disposal: the latent gain is taxed in the year of the contribution.

August 2026Read article

Tax · Corporate

Synthetic PPAs and the interest limitation

Spain's tax authority keeps income and expenses from synthetic PPAs outside the article 16 limitation, provided they are booked as hedging instruments.

August 2026Read article

Tax · Corporate

Cash-settled incentive plans: when to deduct

Spain's tax authority confirms that a cash-settled incentive plan is booked over years but only deducted in the year the plan is finally settled.

August 2026Read article

Tax · Family Business

Splitting a family property company in two

Spain's tax authority denies rollover relief on the demerger of a company with 28 let properties between two families, for lack of separate business units.

August 2026Read article

Tax · Corporate

Insurance proceeds for a written-off company car

Spain's tax authority sets when insurance proceeds for a written-off company car are taxed for corporate income tax, and what it leaves unanswered.

August 2026Read article

Tax · Real Estate

Declaring an old building: the stamp duty base

One deed, two stamp duty charges. Spain's tax authority sets the building declaration base at construction cost and the horizontal property base at value.

August 2026Read article

Tax · Corporate

Waiving a loan between companies of the same shareholder

Binding ruling V0867-26 examines a loan waiver between companies of the same shareholder: a non-deductible expense, taxable income and the role of ownership percentages.

August 2026Read article

Tax · Real Estate

Dissolution of co-ownership: 3% withholding for non-residents

If a co-owner is non-resident, whoever receives the property must withhold 3% and pay it in using form 211. If not, the property remains charged with the debt.

August 2026Read article

Tax · Real Estate

Dissolution of co-ownership: stamp duty or transfer tax

Binding ruling V0623-25 sets out the complete framework for the dissolution of co-ownership: when stamp duty applies, when transfer tax applies and when a gift subject to inheritance tax arises.

August 2026Read article

Tax · International

US LLC and Spanish tax residence

The tax authorities examine a US LLC with a single resident member in ruling V0848-26: reporting obligations, valuation rules and the residence and CFC risks it leaves unresolved.

August 2026Read article

Tax · Succession

Bequeathing assets to your own company: why it is taxed under corporate income tax and not under inheritance tax

Ruling V0767-26 confirms that a legacy received by a company is taxed under corporate income tax at market value, not under inheritance tax. We analyse its effects.

August 2026Read article

Tax · Restructurings

From co-ownership to a commercial company: the tax authorities accept the tax neutrality regime

Requirements of article 87.1 of the corporate income tax act, the 5% threshold co-owner by co-owner, valid economic reasons and the burden of proof left open by ruling V0770-26.

August 2026Read article

Tax · Income tax · Inheritance tax

Taxation of succession agreements in the Balearic Islands: advantages and limits

The succession agreement is an estate planning tool with a specific tax regime in the Balearics. We analyse its treatment under income tax, inheritance tax and its practical implications.

May 2026Read article

Real Estate · Non-residents

Buying property in Spain as a non-resident: key tax issues in 2026

Transfer tax, non-resident income tax, municipal capital gains tax and formal obligations. What a foreign buyer needs to know before signing before a Spanish notary.

April 2026Read article

Family Business · Inheritance tax

The 95% inheritance tax relief for family businesses: requirements and risks

The relief exists, but its application is subject to strict conditions. We review the substantive requirements and the most common errors that give rise to liabilities.

March 2026Read article

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