Page 29 - Spanish Insight - October 2019

THe IMPOrTANCe OF THe TAX FOrM 210

(ANNUAL DeeM INCOMe TAX)

FOr NON-reSIDeNT PrOPerTY OWNerS

In last weeks the Spanish Inland Revenue (Agencia Tributaria) seeks tax advice to make sure they know what their tax
has been carrying out a new campaign to look for and identify obligations in Spain are. The tax form 210 is operated on a
those NON-RESIDENTS who own real estate properties in self-assessed system. This means that Non-residents have
Spain but have not submitted the Tax returns the obligation to prepare, calculate and pay their own Deem
Income Tax every year.
The Tax Returns that all Non-Resident Property owners
should be submitting annually is called, Modelo 210, and the Nowadays, the Inland Revenue computers can easily check
period for submitting this declaration is the calendar year, who is not paying these taxes, so it is important to ensure
(i.e. 1st January to 31st December each year). The Annual that the annual tax form 210 is paid and submitted on time
Deem Income Tax due for the tax year 2018, must be paid every year.
before the 31st December 2019.
As this is not an easy process, we recommend that non-
The Tax Office is sending amicable letters to those Non- resident property owners should get professional assistance
resident property owners who, to date, have failed to present to prepare these annual taxes.
and pay this tax. This communication enables those who If you are a NON-RESIDENT PROPERTY OWNER IN SPAIN,
have never presented the “Modelo 210”, to be able to rectify you still have plenty of time to comply with this Tax law. It’s
the situation voluntarily, without paying any fines or interest.
better to do it before the Inland Revenue contacts you.
Many NON-RESIDENT PROPERTY OWNERS have not paid Jose M. Garzon
these annual taxes, not because they wish to commit tax Solicitor
fraud, but due to mere ignorance of the existence of this tax. Head of Axarquia & Nerja offices.
Usually because nobody has ever informed them.
mail@axarquiasolicitors.com
Everyone should be aware that ignorance of the Law is not
an excuse for not paying this tax, so we recommend any
NON-RESIDENT who owns a real estate property in Spain

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www.axarquiasolicitors.com · Offices in Nerja and Velez-Malaga

October 2019 Spanish Insight 29