A tax on the property of individuals.
The Estate Tax is a tax on direct personal tax levied net worth individuals. It is regulated by the Law 19/1991.
The net worth of an individual compose the set of goods and economic rights of such shareholder. Liens and encumbrances that reduce its value, debts and personal obligations that must be satisfied are deduced.
The estate tax is transferred to the autonomous communities. Each autonomous community has regulatory authority over the final installments.
Source
The Estate Tax is a tax on direct personal tax levied net worth individuals. It is regulated by the Law 19/1991.
The net worth of an individual compose the set of goods and economic rights of such shareholder. Liens and encumbrances that reduce its value, debts and personal obligations that must be satisfied are deduced.
The estate tax is transferred to the autonomous communities. Each autonomous community has regulatory authority over the final installments.
Source