This region in Spain has virtually abolished inheritance tax

This region in Spain has virtually abolished inheritance tax
By Alex Trelinski

THE VALENCIAN parliament passed a law on Wednesday to slash inheritance tax to just 1% for most beneficiaries. It will apply retrospectively to inheritances and gifts received after 28 May 2023 (the date of this year’s regional elections). The law means that succession and gift tax has therefore been virtually eliminated for spouses, children, grandchildren […]

November 22, 2023 at 11:00PM
via Olive Press News Spain read more...