Thursday 14 February 2008

Real estate deals in the most dynamic zones

The Spanish Tax Authority, Hacienda, and the Spanish Social Security System are joining forces in a fight against Tax fraud. New computer links will interchange information to detect any possible frauds, and particular attention is to be made on real estate deals, even more so in areas of the country described as ‘the most dynamic zones’.News of the crackdown was given by the General Director of Agencia Tributaria, Luis Pedroche. The Secretary of State for Tax and Budgets, Carlos Ocaña, underlined that it was the Government’s design to crack down on fraud more each year, acting both in areas of prevention and prosecution.New computer connections between the tax and social security services are to be used, with particular attention being made on real estate deals

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