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news British couple wins capital gains tax case; Spanish Property Trader Blog
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British couple wins capital gains tax case

03/07/09 10:15

UK homeowners will now have the chance to retrieve the excess capital taxes they paid when they had sold their homes in Spain after a recent court decision in Valencia favored a British couple in a tax dispute. It ordered Spanish tax authorities to repay them for charging a 35 percent capital gains tax instead of 15 percent.

External entities have long criticed the Spanish government for enforcing discriminatory tax laws against foreigners.

Link: BBC NEWS | Business | UK homeowners in Spanish victory

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