Castilla León has its own inheritance tax regulations as a result of the Spanish State ceding the tax revenue of inheritance and gift tax to Comunidades Autónomas, along with some regulatory autonomy to adapt tax to the particular circumstances of the respective Comunidad Autónoma.

This means that most Comunidades Autónomas have ruled new (and huge) benefits compared to those established by the Spanish State.

While the tax scheme and regime is the same in all parts of Spain, the Comunidades Autónomas took advantage of the given power to fix higher thresholds, or different rates or direct reductions on the amount to be paid (and sometimes all of these) to benefit close relatives of the deceased or disabled people. There are also benefits that help promote local business, farming, etc. as well as in the acquisition of the Comunidad Autónomas’ cultural assets.

However, the Comunidades Autónomas change their regulations quite frequently so it is necessary to check the regulation in force at the time the tax is due (the day of death).

In Castilla León there are tax allowances for ascendants, descendants and spouses that are more beneficial than those offered by the State Law.

The benefit consists of a reduction of the value of the individual acquisition to be taxed and could amount to, at least, 400.000 €. It could be higher depending on which benefits the tax payer can apply. There are extra advantages for acquisitions by disabled people. This can reach 225.000 € for beneficiaries with a disability of 65% or over and the same applies to disabled people who have been declared disabled by a civil court. ( declaración de incapacidad). All these allowances are already accounted for in the calculator

Unmarried couples have the same rights as married couples provided a minimum of two years of common living have passed prior to the opening of the succession and inscribed in Registry of “ Parejas de Hecho”

For the acquisition of an individual enterprise, professional business or share in a company in Castilla León the reduction reaches 99% of its value and the time of ownership by the beneficiary is reduced to five years.