- Exempted income under the Income Tax Law, such as:
a) social assistance pensions for the elderly, etc;
- Exempted income under the Non Residents Income Tax Law:
a) grants and other sums received by individuals, paid out of public funds, under international agreements and conventions on cultural, educational and scientific co-operation, or under the annual Plan for International Co-operation, approved by the Council of Ministers.
b) interest and capital gains from movable properties derived by residents in another Member State of the European Union, with two exceptions:
- In the case of gains arising from the transfer of shares or other rights in a company whose assets mainly consist of real estate located in Spain;
- In the case of gains arising from the transfer of shares or other rights in a company when the taxpayer, at any time during the 12 month- period prior to the transfer, has held a direct or indirect participation of at least 25 %;
c) income derived from Public Debt;
d) income and capital gains on shares issued in Spain by non residents;
e) income from non resident accounts held by non residents;
f) income from leasing, letting or transmission of containers or ships and aircrafts, used in the maritime or air international navigation;
g) Income derived from the transfer of securities or the redemption of units in investment funds through any official Spanish secondary market, by individuals resident in a jurisdiction with which Spain has signed a DTA (or TIEA) enabling for the exchange of information, except when this income is obtained through a tax haven.
h) Capital gains form inmovable properties (without permanent establishmnet) as long as certain conditions are met.
i) Capital gains obtained by individuals resident in other EU country on the transfer of their permanent dwelling in Spain, meeting certain conditions.