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Economical-Fiscal newsletter nº7

   
   
   
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Fiscal and economic news of the month

VAT fraud is double what the Tax Agency claims

VAT fraud is double what the Tax Agency claims

Commission says VAT fraud is twice as high as that recognised by the tax authorities

"Although VAT revenue collection shows signs of improvement, the missing amounts are still unacceptably high," said the Commission in a statement.

Spain managed to halve the gap in VAT collection in 2015, to 3.52%, which means that the Treasury received 2,503 million euros less than it should with this tax, which that year contributed 68,589 million euros to the State coffers. Spain has ...

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About the economic viability of an independent Catalonia

About the economic viability of an independent Catalonia

Opinion of several Nobel Prizes in economics about the economic viability of an independent Catalonia

The independence of Catalonia can take place in a scenario of agreement with the Spanish State or of no agreement. In the first case, it is not foreseeable that the Catalan Government will have transitory financing problems due to the fact that it will have to assume the new competencies and services as a state, since there is also an assumption of goods and rights as a consequence of the distribution of assets between the Catalan and Spanish Governments ...

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Companies remaining Catalonia

Companies remaining Catalonia

According to the EU, Catalonia is an industrial-based country, which has an open, competitive and sustainable economy, combining talent, creativity, a diversified business fabric and its own system of excellence research, within the framework of a dynamic, entrepreneurial and inclusive society. Multinationals and local companies coexist in Catalonia, consolidated sectors with international leadership and emerging technological sectors.

In order to reassure the population of Catalonia and state that it is the guarantor of its welfare, the Government approved Royal Decree-Law 15/2017, of 6 October to facilitate the change of address for companies located in Catalonia. ...

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