In 2008 we open a new office near Ciudad Quesada to provide a better service and assistance to English Speaking Clients and our new web page, designed to give our clients a high quality service and to provide information about all news either related to the judicial field or to the Spanish taxation system and which can be of interest to our clients. For that, we have a news section which will be permanently updated.
Our objective is to provide useful information, as clear as possible, to all these persons who have relied on our company.
Our web aims to bring us closer together. In order to develop this idea, we have a forum section, chaired by the Law Firm and exclusively for our clients to be able to expose their legal queries and propose any ideas which will enrich the virtual contact between us, with a benefit on our personal relationship.
The Tax Office in Alicante is intensifying the inspections to taxpayers: non-residents as well as residents who have not yet obtained the Fiscal Residency and who are not fulfilling the obligation of paying the Wealth tax up to the 31st of December 2008 and the Income tax. These payments are backdated, so the Tax Office is entitled to claim them for the previous four years.
The Spanish Tax Authorities have proposed a draft bill (which was already passed on date 31st of October 2008 but pending to be published), by which some sections of the WEALTH TAX ACT 19/1991 passed on the 6th of June will be modified, with the aim of getting an exempt from the payment of the wealth tax, together with the elimination of the presentation of the tax form, as it has to be done until now.
On the other hand, the Income Tax will remain exactly the same as it was. There is an obligation of presenting the Tax Form similarly as it has being done in the past years.
Hence, the expected modification will suppose a benefit in the sense that the annual tax amount to be paid will be noteworthy reduced.
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