In 2007,
Costa l Álvarez l Manglano initiated and are currently leading a legal action (without precedent) to reclaim from the Spanish Government part of the Capital Gains Tax paid by EU citizens on the sale of their property in Spain. Non residents were charged 35%; Spanish residents only 15% (Discrimination forbidden by EU Treaty).
The ECJ ruling opens now the doors for possible refunds to any EU citizen who sold a property in Spain between Jan. 1997 and Dec. 2006, whether they paid the full 35% CGT or only the 5% withholding tax.
For them, we need to begin a complex legal battle. We are confident of succeeding once again.
Act Quickly! If you sold a Spanish property between January 1997 and 31st December 2006, you may be entittled to reclaim. Due to legal time limits,
don’t take the risk of your case expiring.
Important: It is crucial to be defended by an International Tax Expert Lawyer to ensure success of this Capital Gains Tax reclaim in the courts.