This tax is levied on the acquisition of movable and immovable property, for inheritances received by heirs. Taxation depends on kinship and the Autonomous Community where the liquidation is made, which will be that of the deceased’s residence.

In the event that the deceased is a non-resident, the heirs must also pay tax, but in this case, they will do so before the Tax Agency, being able to avail themselves of the tax benefits of the Autonomous Community where the real estate is located.

To be able to make the liquidation, the inheritance must first be accepted, by means of a public document before a Notary. In the case of real estate, the Tax on the Increase in Value of Urban Land will also be liquidated.

Once the two taxes have been paid, the registration of the properties can be carried out at the corresponding Land Registry.