2024 Income Tax Return – Special Regime for Inbound Taxpayers (Article 93 of the Spanish Personal Income Tax Act)

ESCURA would like to inform you that the filing period has started for the 2024 Personal Income Tax return and Wealth Tax return for individuals who have opted for the special inbound regime known as the “Beckham Law.”

Taxpayers covered by the special inbound regime must pay taxes in Spain only on Spanish-source income, with the exception of income from entrepreneurial activities or employment income earned by the taxpayer during application of the special regime, which will be taxed in its entirety.

As regards Wealth Tax and the Solidarity Tax on Large Fortunes, individuals under this regime are taxed under “real obligation,” meaning they are only taxed on assets located in Spanish territory.

The filing deadline is June 30, 2025, except if you choose to set up a direct debit for payment, in which case the deadline is June 25, 2025.

Below is a reminder of the documents required to prepare your tax returns.

1. BASIC DOCUMENTS FOR THE PREPARATION OF TAX RETURNS (*)

Copy of the taxpayer’s ID (D.N.I. or N.I.F.), clearly showing both the ID number and its expiration date. If you opted for the special regime along with your spouse or another family member, please also include copies of their ID or NIF.
We also need the following personal information:
- Marital status. If married, specify the marital property regime.
- Family unit members: spouse/partner, descendants, or ascendants who are dependents. Please specify whether they live with you.
- Address of the main residence and nature of your occupancy (1. Owner, 2. Usufruct, 3. Tenant, 4. Other).
- Autonomous Community of residence in 2024.
Spanish bank account number (IBAN) in your name for refund/payment purposes.
If we did not prepare your 2023 tax return, please provide a copy of the 2023 return filed. We may also require the 2023 Wealth Tax return, if it was filed and not prepared by us.

2. TYPES OF INCOME

EMPLOYMENT INCOME
- Company or pension certificates listing monetary and in-kind income received.
- Social Security contributions.
- Certificates for:
  - Income from training, research, development, and innovation activities.
  - Board or director remuneration.
  - Compensation or severance.
  - Pension plan benefits and similar.
- Information on any employment income earned abroad, along with any taxes paid abroad on that income.
INVESTMENT INCOME (CAPITAL MOBILIARIO) (Spain only)
- Dividends and other returns from participating in a company’s equity.
- Interest and other returns from granting capital to third parties.
REAL ESTATE (Spain only)
- Public Deed of purchase/sale, cadastral reference, and cadastral value of the property for 2024.
- 2024 Property Tax (IBI) certificates for properties owned by the taxpayer.
- If the property is rented out, the total rent received for 2024, as well as the tenant’s NIF and the contract date. Please provide a copy of the rental agreement.
ENTREPRENEURIAL ACTIVITIES (as defined under the scheme):
- Supporting documents for income and expenses, plus any withholdings and prepayments made.
- Information on employment income earned abroad, as well as taxes paid abroad on that income.
CAPITAL GAINS AND LOSSES
- Sales of real estate, securities, investment funds, etc.: include purchase date and amount, sale date and amount, plus any associated costs (taxes, capital gains tax, notary, registry fees, etc.). Copies of purchase and sale deeds. Only Spanish-source capital gains or losses.
OTHER
- Prizes from contests, any deposit forfeited if a transaction is canceled, subsidies, late-payment interest, unwarranted capital gains if the tax authority deems them undisclosed income. Only Spanish-source.
- Any other income earned in Spain.

3. OTHER DOCUMENTATION

Charitable donations.
Withholdings or prepayments made by the taxpayer.
Taxes paid abroad on employment income or entrepreneurial activity income.
Cryptocurrency transactions in Spain.

(*) This list is not exhaustive. Depending on each individual’s situation, additional documentation not mentioned in this document may be requested.