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Financial News
The Tightening Tax Net
By 30th April, you need to declare all your offshore assets to the Spanish authorities under the new reporting obligation, or face costly penalties. This is Spain’s latest initiative to increase tax revenue, which it is doing with both higher tax rates and a crackdown on tax evasion – a trend we are seeing in many European countries. ...Full Article
Residency issues and the new reporting law
Spain’s new asset reporting law, with the first deadline of 30th April this year, applies to anyone who is resident in Spain and who owns assets outside the ...Full Article
A new era In tax reporting
The Isle of Man has agreed to automaticallyexchange tax information with the UK. Jersey and Guernsey want to make this a global initiative. The US is forcing financial centres ...Full Article
