The lawyers' blog
Are you a foreigner and have income in Spain? Understanding and complying with tax obligations in a foreign country can be complex. A non-EU resident is anyone who has their tax residence in a country of the European Union, Iceland, Norway or Liechtenstein. In all other cases, the person will be a non-EU non-resident.
The Non-Resident Income Tax is one of the main taxes that you should be aware of if you own property, invest or work in Spain.
What is the Non-Resident Income Tax?
The Non-Resident Income Tax (IRNR) taxes income obtained in Spanish territory by individuals or entities that do not have their tax residence in Spain. These incomes can come from various sources, such as:
- Real estate income: rents, capital gains from the sale of real estate.
- Income from personal capital: interest, dividends.
- Income from work: salaries, pensions.
Who is required to file the IRNR declaration?
Actualitat non-residents who have obtained income in the territory are required to file the IRNR declaration. Spanish during the fiscal year.
What are the tax obligations of non-residents?
The tax obligations of non-residents in Spain are varied and may change depending on the nature of the income obtained. In general, they include:
Filing the IRNR declaration: Within the deadlines established by the Tax Agency.
Payment of the corresponding tax: Within the established deadlines.
Keeping the supporting documentation: During the limitation period.
Why is good IRNR management important?
Proper IRNR management will allow you to:
Comply with your tax obligations: Avoiding penalties and surcharges.
Optimize your tax burden: Taking advantage of the deductions and bonuses available.
Have control over your tax situation: Facilitating long-term tax planning.
Do you need help to avoid any scares or problems with the Tax Agency?
At ActumAdvocats we are specialists in advising foreigners on tax matters. We offer you a comprehensive service that includes:
Analysis of your tax situation: To determine your obligations and rights.
Preparation and presentation of the IRNR declaration: Correctly and in compliance with all legal requirements.
Representation before the Tax Authority: In case of any requirement or inspection.
Don’t risk making mistakes that could lead to financial penalties. Trust in our experience and professionalism to manage your IRNR safely and efficiently.
