Non-residents Property Imputed Income Tax explained

Non-residents who own property in Spain must submit a Property Imputed Income Tax declaration annually, due before the 31st of December for the prior fiscal year. Wealth Tax (in all its different modes) was abolished in 2008 and therefore no longer payable. Following recent tax cuts implemented by Spanish Government, Property Imputed Income Tax is the only tax which remains an annual obligation. As a non-resident owner, you should have an attorney appointed in Spain who normally is your lawyer or accountant. […]