You will need to pay Inheritance and Gift Tax if you are beneficiary of any inheritance or donation. The tax rate in Spain is set by each regional government, so you will not pay the same if you are from Madrid, Catalonia, Extremadura or Andalucía.

The tax is payable by the person who receives the inheritance or donation and shall be paid according to the tax rules of the region where the deceased lived for the last 5 years of his life.

This post will cover the peculiarities of the inheritance tax in Catalonia, but not the gift tax- which is a conveyance between living persons.

Inheritance tax in Catalonia must be paid within six months as of the death of the deceased. There is the possibility to ask for an extension of six months, but interest on arrears will be applied.

What´s the inheritance tax rate in Catalonia?

The inheritance tax rate is determined by the actual value of the property to inherit, subtracting deductible debts and charges on the property- basically:

  • Debts (including certain tax debts)
  • Probate expenses subject to disputes
  • Expenses of last illness, burial and funeral.

Regarding deductions, there are plenty of them, but the most common are:

  • Kinship, the following table lists grades by groups
  • Inheritance tax in Catalonia 2017
  • Disabilities
  • Age
  • Insurance
  • Purchase of assets and interests in connection with a business
  • Purchase of shares in entities

Calculating inheritance tax in Catalonia

The calculation of the inheritance tax is complicated, each case should be addressed independently. Much depends on kinship with the deceased, the amount to be inherited, benefits and rates of each community… Therefore when you are in a position to inherit, we advise you to get in touch with senior-level inheritance consultants. At Carbray we have expert lawyers ready to help you, if you need advice on inheritance, gift, etc. do not hesitate to get in touch with us.

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