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Madrid Inheritance Tax Changes July 1st | 2024 Update - News Directory 3

Madrid Inheritance Tax Changes July 1st | 2024 Update

June 13, 2025 Catherine Williams Business
News Context
At a glance
Original source: eleconomista.es

Key Points

  • Madrid’s inheritance and donations tax reduction takes effect July 1.
  • Operations between siblings and uncles/nephews will see⁤ a bonus increase from 25% to 50%.
  • Donations under 1,000 euros ‍are now 100% tax-free.
  • The Community of Madrid leads Spain ⁣in fiscal competitiveness.

Madrid to ⁢cut Inheritance Tax, Boosting Family Savings

‍ ⁤ Updated June ⁣13, 2025
⁢

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