Does Spanish Inheritance And Gift Tax Refund Apply To You?

Non-Resident Beneficiaries Of Spanish Assets Have The Opportunity To Apply For A Tax Refund.

If you were a beneficiary of someone who left assets in Spain but you were not yourself a resident of Spain you may have paid a higher rate of inheritance tax and may be due a refund since a ruling in the European Court of Justice in September 2014 which decided that the difference applied between residents and non-residents with regard to the application of inheritance tax and gift tax was discriminatory. The Spanish legislator has therefore been obliged to amend the inheritance tax law.

Tax refunds are allowed for individuals who paid the higher rate of inheritance and gift tax which was payable by non-resident beneficiaries between 1 January 2011to 1 January 2015.