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Did you pay CGT Capital Gain Tax (mod 212) between May 2004 and 2006 ?


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Old 4th April 2008, 09:40 AM
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Default Did you pay CGT Capital Gain Tax (mod 212) between May 2004 and 2006 ?

If you sold your Spanish property between May 2004 and 2006 and you were in those days a non-resident you had to pay CGT AT 35% rate while a Spaniard only paid 15%.
For this reason our Government amends the Law in 2007 and reduced this percentage but you are entitled to claim the refund of this overpayment (20%) by virtue of the non-discrimination tax principle set forth in the UE treaties and because there are many cases ruled by our European Court of Justice (ECJ) in this issue.

fljordan
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Old 4th April 2008, 11:51 AM
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Of course, many will have returned to the UK and will never ever hear about this

I believe there is a time limit as well

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