{
  "url": "https://openlegislation.uk/double-taxation-relief-taxes-on-income-spain-order-1995/schedule",
  "json_url": "https://openlegislation.uk/double-taxation-relief-taxes-on-income-spain-order-1995/schedule.json",
  "legislation": "uksi/1995/765",
  "legislation_title": "The Double Taxation Relief (Taxes on Income) (Spain) Order 1995",
  "legislation_url": "https://openlegislation.uk/double-taxation-relief-taxes-on-income-spain-order-1995",
  "path": "schedule",
  "kind": "schedule",
  "number": null,
  "heading": null,
  "text": "Madrid, 13th December 1993\nYour Excellency,\nI have the honour to refer to the Convention between Spain and the United Kingdom of Great Britain and Northern Ireland for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on Income and Capital of 21st October 1975 (hereinafter “the Convention”), and to propose, on behalf of the Kingdom of Spain that, for the purposes of Article 6 (Income from immovable property), Article 13 (Capital gains) and Article 23 (Capital) of the Convention, income or capital gains from time-share rights not exceeding four weeks in any calendar year derived by a resident of a Contracting State, and capital represented thereby owned by a resident of a Contracting State, shall be taxable only in that State.\nAccordingly:\n(a) Paragraph (3) of Article 6 of the Convention shall be deleted and replaced by the following:\n“(3) The provisions of paragraph (1) of this Article shall apply to income derived from the direct use, letting, or use in any other form of immovable property but shall not apply to income derived from the ownership of time-share rights in respect of immovable property situated in a Contracting State which are owned by a resident of the other Contracting State and which may be used for a period or periods which in the aggregate do not exceed four weeks in any calendar year. In the computation of the period or periods, for the purposes of this paragraph, there shall be taken into account all time-share rights owned by a resident of a Contracting State in respect of immovable property situated in the other Contracting State.”\n(b) The following new paragraph shall be inserted immediately after paragraph (4) of Article 13 of the Convention:\n“(5) Notwithstanding the provisions of paragraph (1) of this Article, capital gains from the alienation of time-share rights which may be used for periods not exceeding four weeks in any calendar year shall be taxable only in the Contracting State of which the alienator is a resident. In the computation of the period or periods, for the purposes of this paragraph, there shall be taken into account all time-share rights owned by a resident of a Contracting State in respect of immovable property situated in the other Contracting State.”; and\n(c) The following new paragraph shall be inserted immediately after paragraph (4) of Article 23 of the Convention:\n“(5) Notwithstanding the provisions of paragraph (1) of this Article, capital represented by time-share rights of a resident of a Contracting State which may be used for periods not exceeding four weeks in any calendar year shall be taxable only in that State. In the computation of the period or periods, for the purposes of this paragraph, there shall be taken into account all time-share rights owned by a resident of a Contracting State in respect of immovable property situated in the other Contracting State.”\nIf the foregoing is acceptable to the United Kingdom of Great Britain and Northern Ireland, I beg to propose further that this note and your Excellency’s reply thereto shall constitute an Agreement between the Kingdom of Spain and the United Kingdom of Great Britain and Northern Ireland, which will form an integral part of the Convention.\nEach Government shall notify the other Government as soon as possible in writing through the diplomatic channel of the completion of their respective requirements for entry into force of this Agreement.\nThis Agreement shall enter into force on the thirtieth day following the date of the latter of these notifications and shall thereupon have effect in respect of taxes relating to any tax year beginning on or after the first day of January 1992.\nI avail myself of this opportunity to renew to your Excellency the assurance of my highest consideration.\nJavier Solana\nHis Excellency the Minister for Foreign Affairs Spain\nMadrid\n17th June 1994\nYour Excellency\nI have the honour to refer to your letter dated 13th December which in translation reads as follows:\n“Your Excellency,\nI have the honour to refer to the Convention between Spain and the United Kingdom of Great Britain and Northern Ireland for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on Income and Capital of 21st October 1975 (hereinafter “the Convention”), and to propose, on behalf of the Kingdom of Spain that, for the purposes of Article 6 (Income from immovable property), Article 13 (Capital gains) and Article 23 (Capital) of the Convention, income or capital gains from time-share rights not exceeding four weeks in any calendar year derived by a resident of a Contracting State, and capital represented thereby owned by a resident of a Contracting State, shall be taxable only in that State.\nAccordingly:\n(a) Paragraph (3) of Article 6 of the Convention shall be deleted and replaced by the following:\n“(3) The provisions of paragraph (1) of this Article shall apply to income derived from the direct use, letting, or use in any other form of immovable property but shall not apply to income derived from the ownership of time-share rights in respect of immovable property situated in a Contracting State which are owned by a resident of the other Contracting State and which may be used for a period or periods which in the aggregate do not exceed four weeks in any calendar year. In the computation of the period or periods, for the purposes of this paragraph, there shall be taken into account all time-share rights owned by a resident of a Contracting State in respect of immovable property situated in the other Contracting State.”\n(b) The following new paragraph shall be inserted immediately after paragraph (4) of Article 13 of the Convention:\n“(5) Notwithstanding the provisions of paragraph (1) of this Article, capital gains from the alienation of time-share rights which may be used for periods not exceeding four weeks in any calendar year shall be taxable only in the Contracting State of which the alienator is a resident. In the computation of the period or periods, for the purposes of this paragraph, there shall be taken into account all time-share rights owned by a resident of a Contracting State in respect of immovable property situated in the other Contracting State.”; and\n(c) The following new paragraph shall be inserted immediately after paragraph (4) of Article 23 of the Convention:\n“(5) Notwithstanding the provisions of paragraph (1) of this Article, capital represented by time-share rights of a resident of a Contracting State which may be used for periods not exceeding four weeks in any calendar year shall be taxable only in that State. In the computation of the period or periods, for the purposes of this paragraph, there shall be taken into account all time-share rights owned by a resident of a Contracting State in respect of immovable property situated in the other Contracting State.”\nIf the foregoing is acceptable to the United Kingdom of Great Britain and Northern Ireland, I beg to propose further that this note and your Excellency’s reply thereto shall constitute an Agreement between the Kingdom of Spain and the United Kingdom of Great Britain and Northern Ireland, which will form an integral part of the Convention.\nEach Government shall notify the other Government as soon as possible in writing through the diplomatic channel of the completion of their respective requirements for entry into force of this Agreement.\nThis Agreement shall enter into force on the thirtieth day following the date of the latter of these notifications and shall thereupon have effect in respect of taxes relating to any tax year beginning on or after the first day of January 1992.\nI avail myself of this opportunity to renew to your Excellency the assurance of my highest consideration.”\nI have the honour to confirm that the foregoing is acceptable to the Government of the United Kingdom of Great Britain and Northern Ireland and that your letter and this reply shall constitute an agreement between our two Governments which shall enter into force on the thirtieth day following the date of the latter of the two notifications by which each Party has notified the other of the completion of the procedures necessary for this purpose.\nI avail myself of this opportunity to renew to your Excellency the assurance of my highest consideration.\nRobin Fearn\nHis Excellency the Ambassador of the United Kingdom of Great Britain and Northern Ireland",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/765/schedule",
    "retrieved_at": "2026-10-29T13:12:53.336650+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}