Inheritance and Legacy
The inheritance and donations tax is levied on acquisitions by any natural persons covered by inheritance legislation (Law 10/2008, 10th July, from the fourth book of the ‘Civil Code of Catalonia’ relating to inheritance), which includes heirs, legatees, forced heirs and trustees.
When an acquisition is made by a legal person (such as a company or foundation), it will be taxed through corporation tax.
The successor is the person responsible for paying this tax, which is to say, the person or persons who have inherited an asset.