The Beckham law in Spain
April 6, 2023
The Spanish impatriate tax regime (also known as the Beckham Law) offers an advantageous tax treatment to non- residents who move to Spain for professional reasons, as the individuals benefiting from such tax regime may continue to pay taxes as a (deemed) non-tax resident in Spain in the year when they move to Spain and […]
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Spanish “Solidarity Tax”
February 27, 2023
In the last quarter of 2022, the Spanish Central Government introduced the so-called Solidarity tax, which “mirrors” in essence the long-standing Wealth tax. Under this new tax, it has been decided that no regional tax credits or exemptions would apply, which implies that, for example, residents in Madrid or Andalucía may be severely impacted. Indeed, […]
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Dismemberment of ownership and life insurance – new opportunities?
November 18, 2022
The dismemberment of ownership of proprietary rights is without doubt an essential estate planning technique. In Belgium, the principle is simple: full ownership of an item of heritage is understood as “full powers” over that asset, i.e. the right to both enjoy it and receive the fruits thereof and dispose of it (gift, alienation, […]
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