Spanish taxes on stocks and ETFs

@jkaldau

I'm pretty sure Spain taxes you only on the capital gain on disposal (whether it's a stock or ETF).

https://www.expat.hsbc.com/expat-explor … -in-spain/

You probably should consider your tax residence situation too. Are you an official tax resident of Denmark or Spain or both?

@gwynj Thanks for your comment. I live in Spain and work for a Spanish company. I am a tax resident of Spain, but not of Denmark.

@jkaldau

If you packed your bags and left Denmark... and now you live and work in Spain instead. This is probably a fairly simple case where you swapped one tax residence (Denmark) for another (Spain).

Gaining Spanish tax residence

https://taxsummaries.pwc.com/spain/individual/residence

Losing Danish tax residence

https://skat.dk/en-us/individuals/taxat … ng-denmark

You should note that being a taxpayer is possible (or necessary) even when you are not yet a tax resident. For example, property tax if you own a Spanish property, or income tax deducted at source if you're an employee.

@gwynj

Yes, I am a tax resident of Spain, not of Denmark. That is why I am interested in learning about the Spanish tax rules, specifically regarding ETFs.

@gwynj, I was in Spain for more than 183 days in 2023, and will be in 2024 as well, so I should be tax resident here already. Whether I am a tax resident in Denmark I am not sure, but I will make sure of this before I start investing.