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 UK-SPAIN DOUBLE TAXATION TREATY
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UK-Spain double taxation treaty |
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To avoid double taxation and prevent evasion of tax on income and assets, since 1975 there has been a Double Taxation Treaty between Spain and the United Kingdom. 16% for commercial premises and plots.
The taxes covered by this Treaty are: |
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| In the United Kingdom |
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Income Tax |
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Corporation Tax |
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Capital Gains Tax |
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| In Spain |
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Personal Income Tax |
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Company and Legal Entity Income Tax |
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The following taxes on account: the Territorial Levy on Country and Livestock Wealth; the Territorial Levy on Urban Wealth; the Tax on Earnings from Personal Work; the Tax on Income from Capital; and the Tax on Commercial and Industrial Activities and Profits. |
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The Treaty will also apply to taxes of an identical or analogous nature which one or other Signatory State adds to the current ones after signing the Treaty or which substitute for them. At the end of each year, the competent authorities of the States will notify one another of any important modifications they may have made to their respective tax systems. |
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