Pension cash-grab probe


THE SPANISH tax office stands accused of flouting the Double Taxation Convention with the UK, which became law in 2014.
The situation is allegedly affecting special pensions awarded for services rendered to either the British state or local authorities.
The tax man in Spain is allegedly trying to grab additional cash from these pensions, cocking a snoop at the tax agreement which was designed to avoid taxation by both states on the same income.

Read more in this week’s print edition or go to e-paper


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.