Spain

Tax & Regulation | 1 Jan 13

Advisers with expatriate clients who are tax-resident in Spain say they are urgently reaching out to their clients to warn them that they must begin reporting to the Spanish tax authorities about any overseas assets they hold worth more than 50,000, following a recent change in the country’s tax regime.

Tax & Regulation | 28 Nov 12

Spain’s tax office has won the right to see the 2006 and 2007 bank account details of those patron’s of Spain’s largest department store group, El Corte Inglés, who ran up 30,000 or more in charges on their store cards during each or both of those years, International Adviser has learned.

Tax & Regulation | 6 Nov 12

A tax amnesty in Spain offering people with undeclared taxable assets the opportunity to pay a flat 10% levy, without facing criminal or administrative penalties, is due to close at the end of this month.

Europe | 25 Sep 12

Blacktower Financial Management (International) has opened an office on Tenerife, the largest and most populous of the Canary Islands.

Europe | 15 Aug 12

All EU citizens who are moving to Spain for longer than three months will face added paperwork and in some cases, a requirement to prove that they are covered by private health insurance under new residency requirements unveiled last month.