Expert Insight:<\/strong> \"Many Belgians and Dutch people mistakenly think there is a complete double taxation. In practice, the inheritance tax paid in Spain is often deducted from the inheritance tax at home, keeping the tax burden manageable.\"<\/p>\n<\/blockquote>\n\n\n\n The basis for calculating inheritance tax is not simply the market value, but the tax reference value<\/strong>.<\/p>\n\n\n\n Since 2022, the Spanish tax authorities have applied the Valor de Referencia del Mercado<\/strong>. This is the minimum administrative value assigned to a property by the Land Registry.<\/p>\n\n\n\n <\/p>\n\n\n\n Confianz can request the tax value for you. <\/strong><\/a><\/p>\n\n\n\n Calculation example:<\/p>\n\n\n\n You inherit a flat in Sitges.<\/p>\n\n\n\n <\/p>\n\n\n\n Read more about the steps when settling an estate in Spain.<\/strong><\/a><\/p>\n\n\n\n Catalonia applies specific deductions to the taxable base. These are determined by the degree of kinship with the deceased (causante<\/em>).<\/p>\n\n\n\n For most direct heirs (children and spouses), there are generous exemptions that are first deducted from the value:<\/p>\n\n\n\n In addition to the reduction on the value<\/em>, Catalonia also has a bonus on the amount payable<\/strong> for spouses and children.<\/p>\n\n\n\n <\/p>\n\n\n\n After deducting the deductions, the rate is applied to the remaining amount (the taxable base). Rates in Catalonia are progressive.<\/p>\n\n\n\nHow is the value of Spanish property determined?<\/h2>\n\n\n\n
\n
\n
Exemptions and Reductions in Catalonia<\/h2>\n\n\n\n
Personal reductions (Group I and II)<\/h3>\n\n\n\n
\n
'Bonification' (Discount on tax)<\/h3>\n\n\n\n
\n
Inheritance tax rates Catalonia (Table)<\/h2>\n\n\n\n
![\"\"](\"https:\/\/ssl.gstatic.com\/ui\/v1\/icons\/mail\/images\/cleardot.gif\"){kind=spacer}
<\/figure>","protected":false},"excerpt":{"rendered":"