Press Release: Taxation: Commission refers Spain to Court over discriminatory real estate taxation

The European Commission has referred Spain to the EU's Court of Justice for discriminatory real estate tax rules that prevent non-residents from enjoying the same tax benefits as residents.

According to the Spanish legislation, capital gains from the sale of a permanent residence are exempt for tax if the money is used to buy another permanent residence. However, this provision only applies to Spanish residents, therefore discriminating against non-residents who can end up paying much higher taxes.

ESO: Background Information: September infringements package: main decisions http://www.europeansources.info/record/memo-september-infringements-package-main-decisions/

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