Selling your Spanish property When you are selling property in Spain it is important to get independent legal advice. It is particularly important to ensure that your funds can be transferred back to Holland, Belgium, the UK or elsewhere having … Continued
How Modelo 720 affects inheritance tax This is a change in working practice and enforcement of existing law rather than a change in the law. Since December 2012, there has been a requirement on Spanish tax residents to declare all … Continued
The Spanish tax authorities – Hacienda – have begun a new campaign to ensure that non-residents who own property in Spain do pay their taxes. For many years we have been advising property owners of the importance of paying this … Continued
Free disposition of assets has a long tradition in England & Wales and you will have heard stories of wealthy individuals leaving all their assets to friends or even the local dog’s home. In one recent case a Judge had … Continued
In September 2014, the European court has decided that Spain has been discriminating against non residents by charging inheritance tax where a resident would be exempt from tax. The decision in Commission v Spain Case C-127/12 states that this discrimination … Continued
IMPORTANT CHANGES TO ENGLISH INTESTACY LAWS The law of England and Wales on intestacy, dying without a will, has been changed. The Inheritance and Trustees’ Powers Act of 2014 has substantially changed the law. Previously where a husband, wife or … Continued
This last year has seen an alarming rise in the number of young people leaving Spain to seek work abroad. The UK has been one of the most popular destinations with a 50% increase in the number of Spanish people … Continued
As a law firm serving the international community in Spain, we are often approached by ‘heir-hunters’ or companies who specialise in tracing lost relatives. Over the last 30 or more years of immigration, residence and property purchase by British nationals … Continued
Many British ex-patriots move to Spain later in life to enjoy their retirement in a warmer climate. An unfortunate consequence of this is that when they eventually pass away, the next of kin, whether here in Spain or back in … Continued
With Spain’s desire to improve its public accounts deficit, the tax collecting infrastructure has been significantly improved, enabling the tax office to recoup back taxes faster and more efficiently than ever before. This now commonly includes automatic debiting of owed … Continued
De Cotta Law, the Firm of English Lawyers and Spanish abogados with offices in the Canary Islands and Mainland Spain, are holding an Open Day in Tenerife on Wednesday 18th September 2013, from 9:30 to 17:00. Especially for the Open … Continued
De Cotta Law works with a number of class-leading business partners to provide the best possible service to its clients. One of the firm's financial services partners is the company, BlevinsFranks This autumn they published an important report on Reporting … Continued
