ONE of the most controversial aspects of the budget has been the inclusion of a fiscal amnesty that allows those with money hidden offshore to regularise their finances.
It will come by paying a 10-per cent fee on the revenue declared, without any other fines or sanctions.
The government hopes to bring in another 25 billion euros with this amnesty.
However Socialist opposition leader Alfredo Perez Rubalcaba has described the proposal as a ‘cushy’ deal for wrongdoers.
Well, Opposition Politicians can and do criticise anything. What is his specific recommendation for a better way to regain unpaid taxes?
The UK is doing this NOW and other countries have done so in the past with variable success. It’s better than nothing, or costs of investigations + litigation