Declaring worldwide assets to Hacienda
Jun 10th 2013, 10:20 pm
#1607
BE Enthusiast
Joined: Jan 2007
Location: Seville
Posts: 575
Re: Declaring worldwide assets to Hacienda
No opinion. Each to his/her conscience.
to hacienda, as a form of protesting.
Jun 13th 2013, 2:05 pm
#1611
Forum Regular
Joined: Sep 2012
Posts: 246
Re: Declaring worldwide assets to Hacienda
You, like a lot of people, were not aware of the asset declaration until the deadline passed.
Hacienda did not exactly try to contact all tax residents to tell them about it and if you didn't read the expat press or read forums like this you probably would not be aware of it.
The fines for non declaration are enormous and unfortunately the fines for late declaration are also pretty steep.
I would be inclined to talk to a decent Gestor - they often can negotiate good deals with the tax people or alternatively go to the local Hacienda office and see if they will be sympathetic.
Hacienda did not exactly try to contact all tax residents to tell them about it and if you didn't read the expat press or read forums like this you probably would not be aware of it.
The fines for non declaration are enormous and unfortunately the fines for late declaration are also pretty steep.
I would be inclined to talk to a decent Gestor - they often can negotiate good deals with the tax people or alternatively go to the local Hacienda office and see if they will be sympathetic.
Jun 14th 2013, 9:59 am
#1612
Banned
Joined: Dec 2006
Location: Living in a good place
Posts: 8,824
Re: Declaring worldwide assets to Hacienda
According to this article 95% who hold assets abroad have not declared.
http://www.surinenglish.com/20130612...306121321.html
http://www.surinenglish.com/20130612...306121321.html
Jun 14th 2013, 10:04 am
#1613
BE Enthusiast
Joined: Apr 2013
Location: Here and there
Posts: 378
Re: Declaring worldwide assets to Hacienda
According to this article 95% who hold assets abroad have not declared.
http://www.surinenglish.com/20130612...306121321.html
http://www.surinenglish.com/20130612...306121321.html
Jun 14th 2013, 11:32 am
#1614
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,648
Re: Declaring worldwide assets to Hacienda
Taken from the SUR article:
He says: “It’s forecast that the government will seek to focus more on foreign residents in Spain, especially those from the US and those from EU member states.”
So can we read that has, try and screw Johnny Foreigner over as much as we can and lay of our own people that vote ?
He says: “It’s forecast that the government will seek to focus more on foreign residents in Spain, especially those from the US and those from EU member states.”
So can we read that has, try and screw Johnny Foreigner over as much as we can and lay of our own people that vote ?
Jun 14th 2013, 12:03 pm
#1615
Senior Moment
Joined: Jan 2006
Location: On the edge
Posts: 20,460
Re: Declaring worldwide assets to Hacienda
Taken from the SUR article:
He says: “It’s forecast that the government will seek to focus more on foreign residents in Spain, especially those from the US and those from EU member states.”
So can we read that has, try and screw Johnny Foreigner over as much as we can and lay of our own people that vote ?
He says: “It’s forecast that the government will seek to focus more on foreign residents in Spain, especially those from the US and those from EU member states.”
So can we read that has, try and screw Johnny Foreigner over as much as we can and lay of our own people that vote ?
Jun 14th 2013, 12:11 pm
#1616
BE Enthusiast
Joined: Nov 2010
Posts: 377
Re: Declaring worldwide assets to Hacienda
Taken from the SUR article:
He says: “It’s forecast that the government will seek to focus more on foreign residents in Spain, especially those from the US and those from EU member states.”
So can we read that has, try and screw Johnny Foreigner over as much as we can and lay of our own people that vote ?
He says: “It’s forecast that the government will seek to focus more on foreign residents in Spain, especially those from the US and those from EU member states.”
So can we read that has, try and screw Johnny Foreigner over as much as we can and lay of our own people that vote ?
I heard on the radio the other day that the cost of the black economy and undeclared income is estimated at around €2,000 per person per annum.
Jun 14th 2013, 12:14 pm
#1617
Senior Moment
Joined: Jan 2006
Location: On the edge
Posts: 20,460
Re: Declaring worldwide assets to Hacienda
I read the article as they will focus on the 95% who haven't declared. Much more lucrative than focusing on the people who have declared, most of whom will probably have been reporting the income on the assets they declared, if not all of it, then most of it.
I heard on the radio the other day that the cost of the black economy and undeclared income is estimated at around €2,000 per person per annum.
I heard on the radio the other day that the cost of the black economy and undeclared income is estimated at around €2,000 per person per annum.
Jun 14th 2013, 12:29 pm
#1618
FreeThinker
Joined: Nov 2009
Location: the moors and levels
Posts: 9,702
Re: Declaring worldwide assets to Hacienda
I read the article as they will focus on the 95% who haven't declared. Much more lucrative than focusing on the people who have declared, most of whom will probably have been reporting the income on the assets they declared, if not all of it, then most of it.
I heard on the radio the other day that the cost of the black economy and undeclared income is estimated at around €2,000 per person per annum.
I heard on the radio the other day that the cost of the black economy and undeclared income is estimated at around €2,000 per person per annum.
Jun 14th 2013, 12:40 pm
#1619
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,648
Re: Declaring worldwide assets to Hacienda
The quote which I copied directly from the article does say intend to focus more on Foreign residents in Spain. So as far as I read from that there is no need to make any assumption on that, unless the article has misquoted.
Jun 14th 2013, 1:46 pm
#1620
Joined: Jun 2006
Location: Granada Costa
Posts: 10,920
Re: Declaring worldwide assets to Hacienda
If they had only 131000 declarations (some but not many would be Spanish) then with over 2.6 million foreigners in the country with a very high chance of them owning foreign assets it's a no-brainer to go after the nearly 2.5 million that didn't declare.