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passing on property

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  • passing on property

    Dear sirs.
    If I died and left my property to my daughter what taxes would she have to pay ? Also if she were to keep the property would this benefit her tax wise. whats the best way round any taxes due ?

    Best regards
    Glynn

  • #2
    If the estate and the Inheritance are processed in Valencia area, your daughter would have a first deduction of 40.000 euros on the tax base and a second one of 99% of the tax.

    The value of the estate would be necessary to made an estimation of the Inheritance tax.

    For further information, please do not hesitate to contact us.

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