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due to sign by power of attorney mondayfor are appartment. the asking price was £48000. I just received a message from the estate against saying that we could save €600 by saying on paper that the asking price is £42000 why is this. I remember reading something months back about having to pay more tax at a later date for some reason.
anybody got any advise on this I have emailed lawyer but will be Monday b4 thay get back to me at this stage
They are suggesting you break the law. Tax evasion.
This is an under the table Tax dodge that will come back to bit you as you will receive ( in perhaps two years time ) a Complimentary Tax Bill plus penalties, avoid as it is highly illegal and something that many thought had been done away with but there are still some unscrupulous operators carrying out the practice.
Posted: Sat May 9, 2020 3:58pm
Cheryl wrote on Sat May 9, 2020 3:53pm:
They are suggesting you break the law. Tax evasion.
I was thinking that. thank you
Posted: Sat May 9, 2020 4:00pm
John56 wrote on Sat May 9, 2020 3:55pm:
This is an under the table Tax dodge that will come back to bit you as you will receive ( in perhaps two years time ) a Complimentary Tax Bill plus penalties, avoid as it is highly illegal and something that many thought had been done away with but there are still some unscrupulous operators carr...
Read more...
...ying out the practice.
yes not something I want to be involved in. wouldn't be great start of owning a property in spain.
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John56 wrote on Sat May 9, 2020 3:55pm:
This is an under the table Tax dodge that will come back to bit you as you will receive ( in perhaps two years time ) a Complimentary Tax Bill plus penalties, avoid as it is highly illegal and something that many thought had been done away with but there are still some unscrupulous operators carr...
Read more...
...ying out the practice.
The "black money" has & will continue.
Before taking anybody´s advice, take good advice from your independent authentic abagado/a
Sorry John, my fault. I meant to direct to the OP deemac
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deemac wrote on Sat May 9, 2020 4:00pm:
yes not something I want to be involved in. wouldn't be great start of owning a property in spain.
Stay legal and you have no worries and can sit back relax and enjoy the wonderful country that Spain is. Good luck.
Posted: Sat May 9, 2020 4:10pm
John56 wrote on Sat May 9, 2020 4:02pm:
Stay legal and you have no worries and can sit back relax and enjoy the wonderful country that Spain is. Good luck.
I will do thanks everyone.
If your shady lawyer has been stupid enough to put that 'offer' in an email then he's put his neck in a noose which you could hang him with.
Personally I'd ditch him, I certainly wouldn't entrust him with a PoA.
Movingon wrote on Sat May 9, 2020 4:14pm:
If your shady lawyer has been stupid enough to put that 'offer' in an email then he's put his neck in a noose which you could hang him with.
Personally I'd ditch him, I certainly wouldn't entrust him with a PoA.
I think the information has "come" from the estate agent & advice here. I reitterate advice only from your independent authentic abagado/a.
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