“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. The new rules took effect yesterday, with Spanish residents with offshore holdings being expected to provide their first accounting of their non-Spanish assets between that date and 31 March 2013.”
http://www.international-adviser.com/news/tax—regulation/expats-in-spain-warned-to-declare-offshore
Related posts:
Did the Southern Poverty Law Center Instigate an Attempted Murder?
West Coast of North America to Be Hit Hard by Fukushima Radiation
Illinois’ failing economic model: more food stamps, fewer jobs
NYC Taxi Medallions Sell for $1.1 Million
US institutions to expats: 'Take your retirement account elsewhere – now'
South Korea Toughens Up Rules On Overseas Accounts
Why Is The IRS Scared To Give Up The Rest of Lois Lerner’s Emails?
China's Google Is Now Accepting Bitcoin
Robbing Peter
Israeli airstrikes hit Damascus military site, city's airport - reports
International Tax Evasion Crackdown: Slow, Tricky, And Only First Step
Matt Drudge Breaks Up With Republicans, Joins Libertarians
San Diego County plans to forcibly medicate residents under Laura's Law
Standoff In Oregon After Feds Convict Ranchers Under Terrorism Statute
Alabama ends policy giving inmate food funds directly to sheriffs