📞 +34 965 792 946 · +34 607 320 768
📞 +34 965 792 946 · +34 607 320 768
Use this guide to estimate your inheritance tax liability in the Valencian Community (Costa Blanca, Valencia, Castellón). Note: this is an informational guide — for a precise calculation tailored to your situation, contact our office.
The taxable base is the net value of the assets inherited, minus debts and funeral expenses. For property, the reference value (valor de referencia catastral) set by the Catastro is used as the minimum taxable value.
Reductions depend on your relationship to the deceased:
The national tax rates range from 7.65% (on the first €7,993) to 34% (on amounts over €797,555). A multiplier of 1.0 to 2.4 applies based on relationship group and pre-existing wealth.
Since 2023, the Valencian Community applies a 99% reduction on the final tax amount for Groups I and II. This means close relatives effectively pay only 1% of the calculated tax.
Property value: €300,000. Inheritor: child (Group II). After the €100,000 reduction, taxable base = €200,000. National tax ≈ €31,000. After 99% Valencian reduction = €310.
Contact us at +34 965 792 946 for a detailed calculation of your specific inheritance tax liability.
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