
CHANGE IN LAND TRANSFER TAX SINCE JANUARY 2016
LAND TRANSFER TAX (Impuesto sobre Transmisiones Patrimoniales) When buying real estate, which is not composed of new buildings, you have to pay a Land Transfer tax (Impuesto de Transmisiones Patrimoniales). This tax is payable within one month after the signing of the public sales-purchase deed (escritura de compraventa) and is … Continue reading