Wealth Tax (Patrimonia)

Information and questions about the Law in Spain and Andalucia.
Canela
Andalucia.com Amigo
Posts: 43
Joined: Sun Sep 26, 2010 2:23 pm

Wealth Tax (Patrimonia)

Postby Canela » Wed May 17, 2023 8:16 pm

Good morning
Hope someone can help me. Last year I paid income and wealth tax. I had no income last year and my total Patrimonia is less than 2000000. I understood that this is below the level for Patrimonia but my lawyer says I still need to declare.
Could someone tell me if this is correct.
Thanks very much
Canela

El Cid
Andalucia Guru
Posts: 16073
Joined: Sun Oct 24, 2004 10:42 pm
Location: La Herradura, Costa Tropical, Granada

Re: Wealth Tax (Patrimonia)

Postby El Cid » Wed May 17, 2023 10:18 pm

Wealth tax has been abolished in Andalucia. However, if your wealth exceeds €2m you need to declare (for information only). So, my understanding is that you do not need to declare.

I am assuming you are a resident and live in Andalucia.

Sid

Canela
Andalucia.com Amigo
Posts: 43
Joined: Sun Sep 26, 2010 2:23 pm

Re: Wealth Tax (Patrimonia)

Postby Canela » Thu May 18, 2023 6:32 am

Thanks very much Sid.


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