Non-Resident returns related to deemed income from the holding of real estate must be submitted until 31 December of the following year. Specific filing deadlines apply to non-residents and, as a general rule, non-residents must report income and pay taxes on a quarterly basis (first 20 days of April, July, October and January for that income the accrual date of which is the previous quarter).

The due date for filing the tax return and making a payment for tax residents and individuals taxed under the special expatriate regime is normally from 6 April to 30 June of each year for the income obtained in the previous year. When are tax returns due? That is, what is the tax return due date? Specific Personal Income Tax regulations, scales of rates and special regime for inbound assignees apply in the territories of the Basque Country (Vizcaya, Guipuzcoa and Alava) and Navarra, and advice on the specific tax treatment applicable therein should be sought for assignments to/from them. The home country/jurisdiction refers to the country/jurisdiction where the assignee lives when they are not on assignment. Herein, the host country/jurisdiction refers to the country/jurisdiction to which the employee is assigned. The official currency of Spain is the Euro (EUR). The tax year for an individual is the calendar year, unless the taxpayer dies on a day other than 31 December. If one member of the family unit chooses to file a separate return, then the other members of the family unit must in general also file separately. The members of a family unit may choose to file separate tax returns. Non-residents will be subject to PIT, but only on income arising and capital gains obtained from Spanish sources.Ī special tax regime for inbound assignees might be available for those individuals who become Spanish tax residents as a consequence of their assignment to Spain or of acquiring a director position in an entity, provided certain requirements are met.Īn individual may be taxed as part of a family unit, usually consisting of two spouses and children under the age of 18 (except those living independently with parental consent). Foreign individuals who become Spanish residents are subject to Spanish Personal Income Tax (PIT) on a worldwide basis.

Exceeded limit of 400 fx assets