Rental Income: All property owners are subject to a flat tax of 19% on gross rental income.
Property and Wealth: A special annual 3% tax is levied on the cadastral value of real estate owned by nonresidents.Capital Gains: Capital gains tax realized by nonresidents are subject to flat rate of 19%.
Inheritance: Each beneficiary’s inheritance is taxed at progressive rates, from 7.65% to 34%, after certain tax-free amounts have been deducted.
Residents: Resident individuals are liable to tax on their worldwide income and assets at progressive rates, from 19% to 45% for 2012 and 2013.
source http://www.globalpropertyguide.com/Europe/Spain
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