The modifications to the reductions in the Inheritance and Gift Tax are constant in the Regional Government of Andalusia and Seville. We show you the new reductions in inheritance tax 2018 And in subsequent posts we will detail the specifics of each of them. In general, they are:
Regional reductions ANDALUSIAN REGIONAL GOVERNMENT, SEVILLE
and improvements to state reductions
In general
1.
Improvement of taxable base reductions through equalization.
Improvement of taxable base reductions through equalization.
- Equal treatment of registered domestic partnerships
the Register of Civil Partnerships of the Autonomous Community to the
marriages. - Equal treatment of persons subject to a
permanent or pre-adoptive family foster care for adopted children. - Equal treatment of people who perform a
permanent or pre-adoptive family foster care for adoptive parents.
Acquisitions mortis causa
1. Improvement of the reduction of the taxable base for the acquisition mortis
cause of the main residence.
cause of the main residence.
- For spouse, ascendants or descendants of
the deceased, or a collateral relative over sixty-five years of age who
had lived with him for the two years prior to
death, the percentage rises to
|
Net real value of
property in BI of each subject |
|
Percentage of
reduction |
|
Up to 123,000
|
|
100%
|
|
From 123,000.01 to 152,000
|
|
99%
|
|
From 152,000.01 to 182,000
|
|
98%
|
|
From 182,000.01 to 212,000
|
|
97%
|
|
From 212,000.01 to 242,000
|
|
96%
|
|
More than 242,000
|
|
95%
|
- It will be necessary for the acquisition to be maintained
less than 3 years
2. Regional reduction for spouse and direct relatives of up to
1,000,000 euros, with payment due for any amount exceeding that sum. Requirements.
1,000,000 euros, with payment due for any amount exceeding that sum. Requirements.
- Taxpayers included in kinship groups I and II
- If your pre-existing assets do not exceed 1,000,000 euros.
The
The reduction in the taxable base will be a variable amount that determines a base
payable of zero amount.
The reduction in the taxable base will be a variable amount that determines a base
payable of zero amount.
In cases where the average rate applies,
The limit of €1,000,000 will refer to the full value of the assets and
rights that are subject to acquisition.
The limit of €1,000,000 will refer to the full value of the assets and
rights that are subject to acquisition.
3. Regional improvement in the reduction of the taxable base corresponding to
the acquisitions mortis causa by passive subjects with
disability.
the acquisitions mortis causa by passive subjects with
disability.
- People with a recognized disability equal to or greater than 33%
- When the total value of the assets does not exceed 1,000,000
euros. - Taxpayers included in kinship groups I and II
The
Passive subjects belonging to kinship groups III and IV will have a
a reduction of 250,000 euros, settling the excess by said amount,
provided that their pre-existing assets do not exceed 1,000,000 euros
Passive subjects belonging to kinship groups III and IV will have a
a reduction of 250,000 euros, settling the excess by said amount,
provided that their pre-existing assets do not exceed 1,000,000 euros
4. Regional improvement in the reduction for acquisition mortis causa of
sole proprietorship, professional business and holdings in entities.
sole proprietorship, professional business and holdings in entities.
- The various reduction methods have as
reference to article 20.2.c) of Law 29/1987, on Tax on
Inheritances and Donations, and consist of increasing the percentage of
reduction (99% instead of 95%) or of the subjective scope of beneficiaries, or
the shortening of the acquisition maintenance period from 10 to 5
years),
5. Regional reduction in the acquisition of agricultural holdings.
Reduction
of the 99% of the agricultural holding when the deceased has exercised the
exploitation on a regular, personal, or direct basis. If you are retired, the
The activity must be carried out by your spouse or descendant.
of the 99% of the agricultural holding when the deceased has exercised the
exploitation on a regular, personal, or direct basis. If you are retired, the
The activity must be carried out by your spouse or descendant.
This
It is also applicable to people with no family relationship to the deceased,
provided that he/she is a professional farmer and meets the requirements of Article 22
Article 2 of the Consolidated Text.
It is also applicable to people with no family relationship to the deceased,
provided that he/she is a professional farmer and meets the requirements of Article 22
Article 2 of the Consolidated Text.
The acquisition must be maintained for five years.
_________________________________________________________________________________