TAX FIGURES

TAXATION OPTIONS

ALLOCATING CRITERIA

PERSONAL INCOME TAX

Individual taxation

Habitual residence of the tax payer in the Basque Country

Family taxable unit: family unit with taxable persons with residence in different territories (Basque Country and Common Territory)

Habitual residence in the BC of the family member having the largest taxable base

FISCAL RESIDENCE OF THE TAXPAYER IN SPAIN

FISCAL RESIDENCE OF THE TAXPAYER ABROAD

WEALTH TAX

Habitual residence of the taxpayer in the Basque Country

When the greatest value of the assets and rights lies in the Basque territory

INHERITANCE AND GIFT TAX

Inheritance

Decedent's place of habitual residence in the BC on the date of accrual of the tax

When all the assets or rights are located, may be exercised or must be fulfilled in the Basque Country

Donation: movable assets or rights

Donee's place of habitual residence in the BC on the date of the accrual of the tax

Donation: real property

Location of the property in the Basque Country

Life insurance policies

Decedent's place of habitual residence in the BC on the date of accrual of the tax

When the contract was made with insurance entities residing in the BC or when the contract was concluded in the BC with foreign entities operating there

Applicable legislation

Foral
(with the exception of habitual residence of the decedent or the donee acquired his or her residence in the BC less than 5 years prior to the date of accrual of the tax in inheritance, donation of movable assets or rights and life insurance policies.)