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Government Reduces Penalties for Early Repayment of Spanish Mortgages

Spanish mortgages

A new mortgage law approved by the Spanish government lowers the financial penalties for early repayment of spanish mortgages within the first five years. The legislation also abolishes commissions charged for converting a variable to fixed rate mortgage within the first three years of original purchase. However, there are already several mortgages without commissions available […]

Brussels requires Spanish Tax Services changes in Form 720

The EU considers excessive the penalties the Spanish Tax Services impose to those not properly declaring their assets in a different country. The penalties are disproportionate, discriminatory and in clear conflict with the EU fundamental rights, and therefore changes are immediately required under the threat to take the case to the EU Courts.   720Form […]

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