Tax on foreign stock gains under Spanish Beckham's Law?

[daeshu]

Hello! Newbie in the forum!

I signed up for the Spanish Special Tax Regime (known‌ as Beckham´s Law), where you pay tax for stock gains only for Spanish stock. But‍ when the stock is not Spanish, I am not so sure of where to pay⁠ tax. My broker is Degiro (Netherlands), I heard that I should pay tax in Netherlands⁤ as non-resident, and that Degiro should collect the tax, but I am not sure about⁣ this, or how to do it.
Any help on this or anyone in similar situation⁢ ?

Thanks in advance!

 

[Martin Everson]

Great so you know all about the Beckham law then thu&¤#

Ok so you know nothing about the Beckham Law 😕

Yes...check these basic things before⁢ you sign up to a tax regime in future rea#44!

 

[daeshu]

I know the basics and the main topics that affect my case, fixed IRPF of‌ 24%. The law says clearly what not to be taxed in Spain, foreign non-work income,‍ but doesn't say anything about where to tax that 😀
Whatever you do with that foreign⁠ non-work income is not related to this Law or to the Spanish tax agency.

I heard few ideas of what to do with that foreign non-work income, but nothing for⁤ sure and I didn't meet anyone in the same situation. That is why I am⁣ looking for more information! 😉

 

[brgastaud]

Same case here! What did you do? I am planning on filing work income only,‌ as usual.

 

[daeshu]

Foreign stock gains to be taxed where your‍ Broker is based. In my case, Degiro, Netherlands. It should be tax as non-resident, I⁠ think it is a 10% tax.
I contacted couple of accountants in Netherlands, waiting for⁤ replies about budget to do the non-resident taxes.

 

[brgastaud]

Interesting
Very interesting. Thanks. Aside from US and EPA⁤ stocks (foreign) I own two Spanish REITs (all via Degiro). Would you say these are⁣ taxable here? If so, how to inform on the Modelo 151?

 

[daeshu]

Yes, I guess the Spanish⁠ REITs should be included in the 151, there is a section for that, and you⁤ need to add there is the CIF (Certificado de Identificacion Fiscal). This is the tax⁣ ID for all Spanish companies. If it is foreign, then you don't have a CIF⁢ to enter. 🙂