Economy

The Treasury can fine homeowners up to 100,000 euros if they sell them too cheap

The Treasury can fine homeowners up to 100,000 euros if they sell them too cheap

The Treasury closely monitors home purchase and sale operations in Spain in order to prevent tax fraud. Although homeowners typically try to sell their homes for the highest price possible, there are cases where sellers choose to set a symbolic price to avoid paying the Donation Tax when they transfer ...