{"id":45592,"date":"2023-04-14T13:05:29","date_gmt":"2023-04-14T11:05:29","guid":{"rendered":"https:\/\/www.escura.com\/?p=45592"},"modified":"2023-05-03T13:41:58","modified_gmt":"2023-05-03T11:41:58","slug":"the-solidarity-welth-tax-for-high-net-worth-individuals-in-spain","status":"publish","type":"post","link":"https:\/\/www.escura.com\/en\/the-solidarity-welth-tax-for-high-net-worth-individuals-in-spain\/","title":{"rendered":"The solodarity welth TAX for high-net-worth individuals in Spain"},"content":{"rendered":"

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The solidarity welth TAX for high-net-worth individuals in Spain<\/h1>\n

In Spain, with the entry into force, on December 28, 2022, of Law 38\/2022, a new tax has been introduced, called “Impuesto de Solidaridad a las Grandes Fortunas<\/em><\/strong>.”<\/p>\n

Basically, this is a temporary welth tax for high-net-worth individuals that applies throughout Spain and has been introduced, according to the government’s declarations, to harmonize taxation among the Autonomous Communities.<\/p>\n

It is a tax intended to complement the current Wealth Tax, or “Impuesto sobre el Patrimonio” (in which regulatory authority and tax collection are transferred to the Autonomous Communities) and will affect some contributors for the 2022 tax year.<\/p>\n

Currently, it is planned that the tax will only apply in 2023 and 2024, although the law includes a review clause that allows the government to extend it for future years.<\/p>\n

In continuation, the operation of the solidarity tax is schematically exposed:<\/p>\n