Tax crackdown in Spain

Spain ramps up efforts to reclaim billions of euros lost in unpaid taxes

LAST UPDATED: 2 Nov, 2015 @ 15:27
0
SHARE

GONE are the days when crafty expats can cheat the hard working man in the street by dodging his taxes.

euro-pound_1374810cAn international campaign including 51 nations is clamping down on tax evaders and making it harder than ever for them to not pay their dues.

Spain tops the list of countries ‘aggressively’ fighting this ‘not just illegal but immoral’ (Chancellor George Osborne) behaviour, followed by Germany, Brazil, Argentina and Russia.

Participating countries will now automatically share tax information.

The CXC Global manager specialist study revealed that the UK did not make the top five of the list and lauded Spain’s effort to be tougher.

Chancellor Osborne also claimed that tax evaders ‘rob their fellow citizens’ and should be treated like a ‘common thief’.



Gib Rocks - the magazine for Gibraltar

Subscribe: Olive Press news to your inbox

BE THE FIRST TO COMMENT...

HAVE YOUR SAY...