New Corporate Tax Fortunes

Diana Sanchez 20 m tax evasion is estimated at 88,000 million euros annually in Spain. 80% Of tax fraud corresponds to large fortunes and big business corporations. The Variable Capital (Sicav) investment companies are prrida by large fortunes formula to avoid paying to the Treasury. Nearly 160,000 people, large fortunes with a heritage of more than 700,000 euros, must pay the recovered tax of heritage. A small amount of people already stating, according to the calculations of the technicians of the Ministry of Finance (Gestha), 96% of Spaniards earn less than 60,000 euros a year. Thanks to this new tax the State hopes to raise 1,080 million.

Among such big fortunes that declared a heritage of more than 700,000 euros are some of the main finance fraudsters. You can avoid the new tax that will disappoint to the Treasury? For Jose Maria Molinero, of the Union of technicians from the Treasury, Gestha, this tax will barely have impact in combating the fraud. Tax evasion annually involves approximately 88 billion euros in Spain, remember, also from the point of view of fundraising, the new tax money is little striking antonja: 1088 million euros. Also recalls Miller that 80% of the fraud corresponds to large fortunes and big business corporations which can evade paying to the Treasury through two systems, illegal one, by what would directly talk about tax evasion; and other legal, so is talk of tax evasion. But even if the big forturnas are major tax evaders, by evadido money Stud; not the only ones. More or less modest self-employed workers are also the way to defraud the Treasury, if Treasury data are taken into account: an employee declares in income tax yields of 19.359 euros, and a self-employed between 10.832 and 11.036, about 8,400 euros less on average than an employee, depending on the system you choose to pay taxes, something that, according to Gestha, is clearly a fraud.

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