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MAIN LAW CHANGES AFFECTING ALICANTE AND MURCIA DURING 2018

on January 29, 2019

·       BIG REDUCTION IN THE TAX ON INHERITANCES AND DONATIONS IN THE REGION OF MURCIA. From the 1st of January 2018, the Region of Murcia  became the third autonomous region of Spain, along with Canarias and Madrid, to reduce the tax amount on inherintances and donations by 99% on descendants (children and grandchildren), spouses and ascendants (parents and grandparents), making it practically inexistent [...]