Spain's Tax Office (AEAT) will be paying closer attention to professionals they suspect of failing to fully declare their income, and those claiming unemployment benefit while working on the side, in an effort to bring a greater portion of the country's underground economy to the surface.
At a time when the government is striving to fill a huge hole in its finances, the AEAT's action plan for 2011 was presented Monday in the official gazette. Tax officials are being asked to be on the lookout for professionals with signs of wealth that are incongruent with their tax declarations. They will also be trying to keep tabs on false declarations of expenses.
In their battle with tax cheats, inspectors will step up joint action with their colleagues in the treasury and labor arms of the Social Security system, and will make visits to businesses where undeclared activity is suspected.
Source: EL PAIS.
No comments:
Post a Comment