Quote:
Inheritance Tax virtually eliminated in Canarias
From this month, Inheritance Tax has virtually disappeared in the Canary Islands, due to a decision by the regional government to grant a reduction of 99.9% in the tax rate for inheritance between close relatives (parents, children, spouses and family partners). This decision brings the Canary Islands in line with most of the Regions, e.g. Madrid, Valencia and Murcia.
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Recieved this today in our February newsletter from Ciudadnos Europeos Islas Canarias
