What about the tax amnesty. The appeals before the Supreme Court drasticall...

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Negative recommendations from the advisors of great fortunes Despite the lack of data that helps quantify its reception, due to the secrecy of the Ministry of Finance, experts declare that the tax amnesty is having less success than expected. The advisors of large fortunes prevent their clients from taking advantage of this measure. The country's great fortunes still do not trust the tax amnesty. As we already mentioned in El Confidencial Digital , economic advisors of multinationals and large companies advise their clients to avoid this form of money laundering. The situation has worsened since last July when the Supreme Court admitted two appeals by the PSOE against the Decree Laws that regulate the tax amnesty of Minister Cristóbal Montoro. Since then, advisors have become increasingly reluctant to defend this measure.

A possible ruling by the Supreme Court in favor of the appeals filed by the socialist party would cause the amnesty to be repealed . This would mean that the effects of this measure would disappear with it, causing the fortunes 'laundered' by this process to pay the entire corresponding taxes and not 10% as dictated by this rule. Tax havens the  Middle East Mobile Number List recommended option According to experts who have told ECD , "the Supreme Court's ruling is expected to be handed down in a few years while the amnesty period ends in October," thus the advisors do not have time in which to maneuver. The same voices declare that there is a high probability that the Supreme Court will end up ruling in favor of the socialist party . Tax experts advise continuing with other 'laundering' methods for their clients, such as the creation of foreign companies in tax havens.



According to expert sources consulted by El Confidencial Digital , the rule has produced a 'paradoxical' effect since despite being designed for the great fortunes and Spanish companies, "it will be SMEs and the self-employed who will end up taking advantage of this measure due to the lack of tax advice.” de Codorníu, the Ferrer de Freixenet , and the entire management team of the large Catalan family companies, which this manager knows well, think the same. Multinationals are not clear As for the multinationals established in Catalonia, in addition to not understanding anything that is happening, “ they can hardly integrate into their business strategy a division of the Spanish market , which for them is unique.