The Treasury confirms that selling your habitual home to buy another does not automatically free you from paying personal income tax if you do not complete this procedure

Homeowners who sell their primary home to buy another may be exempt from paying personal income tax on the profit obtained from the sale. However, to benefit from this tax advantage, it is not enough to sell a house and reinvest the money in another, since the Treasury warns that the exemption It is not …

The Treasury will charge personal income tax for compensation for a voluntary early retirement if there was no ERE open when signing it, even if the company implemented it months later

Economy

The Treasury will charge personal income tax for compensation for a voluntary early retirement if there was no ERE open when signing it, even if the company implemented it months later

The Central Economic-Administrative Court (TEAC, the Treasury body that resolves taxpayer claims) has established that compensation for incentivized dismissals and voluntary early retirements are taxed in personal income tax if the worker takes advantage of them without there being a collective dismissal in progress. As the criterion obliges the Tax …