The Spanish government is set to introduce a one percent increase to its wealth tax in its National Budget.
According to international law firm Baker McKenzie, a one percent increase will be applied to the highest tax band rate. This means that assets exceeding €10,695,996.06 will be taxed at 3.5 percent.
This will apply either in 2021 or 2020, if the law is published before 31 December in Autonomous Communities that have not approved their own rates. ...
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