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TAX

Spain: Tax Authorities Confirm 50% Personal Income Tax Reduction for Room Rentals Used as a Main Residence

Spain’s General Directorate for Taxation (DGT) has issued a binding ruling clarifying the tax treatment of room rentals. In Binding Consultation V0412-25, dated March 20, 2025, the DGT confirms that property owners who rent out individual rooms may apply a 50% reduction to their net positive rental income, provided that the rooms are used as […]

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TAX

United Arab Emirates: What Is a Tax Residency Certificate and How Can You Obtain One?

If you are living in the United Arab Emirates and need to prove your tax residency status, you may apply for a Tax Residency Certificate through the Federal Tax Authority (FTA). This document is particularly useful for individuals seeking to benefit from international tax treaties, such as the Double Taxation Agreement between the UAE and […]

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