New Corporate Tax Fortunes

Diana Sanchez 20 m tax evasion is estimated at 88,000 million euros annually in Spain. West Lake landfill: the source for more info. 80% Of tax fraud corresponds to large fortunes and big business corporations. Learn more on the subject from west Lake Landfill. 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.

Financial Investments

According to a ruling that confirmed the Audiencia Provincial de Murcia. It has dismissed the appeal filed by the financial institution. The Audiencia Provincial de Murcia has confirmed the ruling handed down by a Court of first instance of Cartagena against Bankinter, who has been sentenced to pay 58,000 euros to a customer by not inform you about the risks of an investment in shares of a Bank of Iceland. Cartagena Court sentenced the respondent Bank to return the result, amount of investment made by the client, you will have to deduct what it has perceived in concept of profitability of the values object of the contract. The Provincial High Court, which has dismissed the appeal filed by the entity, says that Bankinter not provided the buyer of the financial product with all the information required by the legislation in force.

The Court underlines that the financial entity that intermediate or involved professionally in the acquisition by a customer of a particular financial product has the essential duty to inform you, previously, and in sufficient detail, of the characteristics of the same, so that to take your investment decision with sufficient knowledge of the facts. He adds that this obligation to report should cover, in particular, the specific risks that carries with it the rrida investment, unless the Bank can proceed to a merely formal fulfilment of that obligation by way of performing a brief description of the product that simply returns highlight and fade the risks. The ruling, which has been a speaker, Judge Jose Joaquin Hervas said that the contract did not indicate, expressly the possibility of that customer lost, totally or partially, the invested capital, limited to make rrencia to some ratings of the issue, by its technical nature, can only be properly interpreted by professional investors or other people with an elevated financial literacy. The hearing concluded that the lack of information from the Bank about the the investment risk has to generate the corresponding liability for this, not the plaintiff having failed to retrieve the invested capital, without one has proved that this recovery is possible or holdings prrentes acquired in its day now have some real economic value. The ruling, rejecting the appeal lodged against the judgment of the Court of first instance, by Bankinter condemns this bank to pay the costs generated by the same. Source of the news: Bankinter returned 58,000 to a customer by not warning of the risk of investing in Iceland