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Petition to European Parliament. World Asset Declaration

Petition to European Parliament. World Asset Declaration

Old Apr 9th 2013, 1:41 am
  #1  
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Default Petition to European Parliament. World Asset Declaration

This petition will be in several newspapers this week, and sent to clubs, associations and so on. The main Petitioner is Russell ( Fergus) Thomson, former British Consul for Alicante.
You can copy this to others who may wish to reproduce the petition given the urgency of the situation- the asset reporting deadline is a mere couple of weeks away.

The address to which copies of the petitions can be sent with signatures- or signatures alone once there is a reference number is as follows:

European Parliament,
Committee on Petitions,
The Secretariat,
Rue Wiertz,
B-1047, Brussels


Petition

Title: Urgent Review of the Legality of Spain’s Asset Declaration Demands in view of European Union Norms and the Spanish Constitution:

To: The European Parliament’s Petitions Committee
Submitted by Concerned European Citizens resident in Spain

Text:
The Petitioners welcome Spain's efforts to tackle corruption, money laundering and tax evasion. They believe, however, that the measures now being adopted by the application of Decreto Real 1558/2012 are too blunt a tool to do this efficiently: the aim of any fiscal policy should be to pluck the tax-paying goose so gently that it will continue to lay its golden eggs.
The Petitioners believe that a better, sharper, tool could be forged by building on existing measures such as the EU Savings Directive and internationally agreed information exchanges to counter these abuses while respecting individual rights to property and privacy as guaranteed by the European Union and the Spanish Constitution.
In the case of EU nationals who have retired to reside in Spain, their assets are more often than not the accumulation of savings from taxed income built up over a lifetime of work in the country of their nationality and held solely to provide financial security in their final years. Their assets held outside Spain are not wealth that has been siphoned out from the Spanish economy by corrupt politicians, money launderers or tax evaders; rather the money they have brought to Spain to buy property and to fund day-to-day living costs has generated employment and has brought benefit to the Spanish economy.
The Petitioners believe that the reporting baseline asset value could be doubled or even quadrupled without adversely affecting the collection of data and its quality. Indeed reducing the volume of asset reports to be filed would have a beneficial effect by easing pressure on the Agencia Tributaria (and financial consulting companies) so allowing them to focus on and tackle any serious abuses.
The Petitioners also believe that the reporting format demanded does not recognise the various and differing ways in which assets can be held outside Spain, whether in trust funds, managed accounts, Individual Savings Accounts, Personal Equity Plans or whatever, and their differing reporting periods. Similarly earnings derived from shares can be reported at different times of the year and in a number of formats, so making any historical calculation of 'wealth' in the required manner difficult if not impossible, especially within the short time-scale allowed. (This has been recognized by the “Your Advice Europe” service to be a serious form of discrimination.)
The Petitioners believe that the penalties to be imposed for late filing, omissions or errors are disproportionate, and would, in many circumstances, be greater than the asset involved. Deliberate false filings should, of course, be dealt with - but penalties for minor errors or omissions should be capable of modulation to match the nature of the failure.
The Petitioners are concerned about the fine detail they are being required to file through financial service companies who may not properly protect their computer databases against unauthorised access, and which would thus provide information of use to internet fraudsters and scammers.
The Petitioners request the Petitions Committee and the Parliament to intervene immediately with the Spanish authorities urging them to postpone the asset reporting deadline from April 30 2013, sine die, pending adequate clarification and simplification of the reporting process. This must include assurances from the Spanish government that the process is in full compliance with relevant EU norms, Directives, etc, and well as the Spanish Constitution itself.
In view of the urgency of the situation, the established asset reporting deadline being April 30, 2013, the Petitioners request the Petitions Committee to admit this petition without delay and with a view to engaging the EU Commissions as quickly as possible, in the belief that this matter should be addressed as a matter of priority by the European Court of Justice. The Petitioners, while drawing attention to the attachments to this petition, may wish to add supplemental information in due course.
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Old Apr 13th 2013, 6:15 am
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Default Re: Petition to European Parliament. World Asset Declaration

You have probably already seen this:
The petition. The signatures are already starting to roll in. The link below tells you how to sign the petition. It’s important to get friends and members of organizations you belong to, to do likewise. Those who have blogs, use social networks such as Facebook, Twitter, etc. could be very helpful in getting the word around to join in this campaign.
Pass this message on as far and wide as possible:

We urge you to consider signing the petition to the European Parliament concerning the Asset Declaration, link.
(Sent on behalf of: Concerned European Citizens resident in Spain)
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Old Apr 13th 2013, 7:59 am
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Default Re: Petition to European Parliament. World Asset Declaration

You have already posted details about this in the main thread about asset declaration.

We really don't need two threads running on the same subject.

Thread closed.
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