An inheritance tax is a tax that is levied on all property that is declared in a deceased person's will. In Spain, inheritance and gift tax (known as succession tax) is governed by both the state and the 17 autonomous communities. Proponents of the tax that it is necessary to balance income inequality. Opponents argue that people who have paid income taxes their entire life should not be subject to another tax when they die.
Be the first to reply to this question.
Loading the political themes of users that engaged with this discussion
Loading data...