Greater certainty about the taxation of unit-linked life insurance policies under Spanish Wealth Tax The unit-linked life insurance plan is an investment vehicle where the policyholder subscribes the plan providing an amount of capital that covers both survival and/or death contingencies of the insured. The term unit-linked differentiates this product from traditional life insurance policies…
Traditionally, non-spanish resident heirs receiving goods located in Spain or owed by a spanish resident testator were subject to spanish inheritance tax, according to the national law, which is particularly disadvantageous, with tax rates up to 34% and no significant tax incentives. Meanwhile, heirs that were resident in Spain are able to apply certain tax…
Alarcón-Espinosa moves its office and updates its website. The firm has decided to move its office to calle Fernando el Santo nº25, 4º Dcha, on the emblematic district of Almagro. The firm has also renewed its corporate website, with a practical and modern style. We also release a new section of insights, where we will…
