Article in an Irish newspaper last friday says that a 'leading' Costa Blanca' lawyer has announced that he is confident that he can recover large sums of capital gains tax that have been 'over paid' prior to 1st January 2007 by non residents selling their property and paying CGT at 35%.
His reasoning is that in the preamble to the change in the law to the new reduced 18%, it mentions 'reasons of equality', 'unjustified differentiation' etc, which, in his view, admits that the higher rate previously paid by non residents should not have been in place.
Anyone with any views on this?
Recovery of overpaid Spanish CGT!!!!
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