Tax trouble under the Spanish sun? A world-famous singer and a legendary tennis champion have both learned it the hard way. When Spanish tax residence is not properly established, or foreign assets are not correctly declared, the result can be multi-million-euro back taxes and years of disputes with the authorities.
For Financial Institutions, the question is simple: are your clients who live in Spain getting the tax documents they need from you?
What AlphaTax delivers to your Financial Institution
AlphaTax produces Spain-specific tax reports, which your Financial Institution sends to its clients under your institution’s brand.
- Modelo 100 (income tax return): All relevant income and gains, clearly structured according to Spanish rules, featuring detailed breakdowns for:
- Section B: Specific income categories
- Section M: Tax Calculation/Tax Return Result and applicable deductions.
- Section F2: Capital gains and losses arising from the transfer of capital assets
- Modelo 720 (foreign assets declaration): Accounts and securities held with your bank, presented in the exact format the Spanish tax office expects, covering:
- Section C: Bank accounts held with financial institutions abroad.
- Section V: Shares, securities, and corporate participation rights.
- Section I: Investment funds (Instituciones de Inversión Colectiva) and foreign real estate/property rights.
- Ready to use, line by line: Your clients, or their tax advisers, can copy the figures directly into their Spanish return. No guesswork, no manual recalculation, fewer questions to your relationship managers.
The benefit for your Financial Institution:
You offer clients living in Spain a premium, fully compliant service, without building Spanish tax expertise in-house or adding to your operational workload.
👉Want to see a sample report? Get in touch.
