Guide on the main tax obligations of natural persons in Spain for this year 2022.

Summary:

A useful guide of personal tax for individuals, special tax regime, income tax for non-residents, wealth tax, form 720 and the ETE Form from the Bank of Spain and Ds Forms from the Ministry of Economy

Published on January 18, 2022

Guide on the main tax obligations of natural persons in Spain for this year 2022.

Summary of the main tax obligations of individuals in Spain for this year 2022.

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Personal Income Tax Individuals

Tax residents in Spain are subject to tax due to their personal obligation to contribute and are taxed on their personal income. worldwide source, that is, for all income generated in the corresponding tax period, regardless of where it is obtained or paid.

Special tax regime for displaced workers to Spanish territory (Beckham Law)

Those persons who, as a result of their arrival in Spain, were to acquire the status of residents for tax purposes in Spain, may choose to pay taxes under the special tax regime for displaced workers. to Spanish territory (better known as the Beckham Law).

Income Tax for Non-Residents

Tax non-residents in Spain are subject to tax due to a real obligation to contribute, that is, they are taxed on the income obtained in Spanish territory.

Wealth tax

tax residents in Spain They will be taxed by personal obligation, demanding the tax for the totality of their net worth, regardless of where it is located (world heritage).

Form 720

This is a merely informative statement, very important for the taxpayer, since the sanctioning regime provided by the applicable regulations is very strict.

ETE Form from the Bank of Spain and Ds Forms from the Ministry of Economy

The ETE form (Survey of Transactions with Foreign Countries), is an informative return, whose term begins on January 1 of the year following the information year and ends on the 20th of the same month. The submission deadlines may vary and have a greater recurrence.