Caja Madrid cards Investigate whether they declared these expenses as work income. The inspections will prevent senior officials from submitting voluntary personal income tax settlements to avoid the sanction BBVA and Bankia give oxygen to Esther Koplowitz Scandal in Caja Madrid: Montoro will limit the deduction for companies for representation expenses to 1% Caja Madrid headquarters in the Kio Towers in Plaza de Castilla. Caja Madrid headquarters in the Kio Towers in Plaza de Castilla. Caja Madrid's opaque cards have caused a great social and political earthquake. The Treasury is going to go after each of the 86 managers involved in the scandal. The aim is to provide a forceful response to the accusations that the Bank of Spain and the Tax Agency gave approval to these practices.
Digital has learned from sources close to the Treasury, the Tax Agency is going to carry out an exhaustive inspection of the income tax returns of the 86 executives involved in the Caja Madrid ghost card plot. Specifically, the review will focus on the years between and , the only years for which tax fraud has not yet prescribed . The Treasury seeks to ensure Middle East Mobile Number List that they do not escape a high financial penalty if it is confirmed that they have defrauded the personal income tax by not declaring these amounts as income from work. That they cannot avoid the tax penalty The speed shown by the Tax Agency in initiating these reviews seeks to prevent the managers who allegedly used Caja Madrid cards for improper expenses from submitting a voluntary personal income tax settlement in the coming days to declare those amounts.
This circumstance would allow them to avoid the tax penalty, a scenario that the Treasury is not willing to tolerate in this case. The General Tax Law provides that these complementary declarations avoid fines for tax evasion if the investigation has not yet been initiated. Directors who took advantage of the tax amnesty Another of the actions that the Tax Agency will implement will be aimed at determining whether there are beneficiaries of the tax amnesty. There are indications that some of these managers took advantage of the grace measure approved by the Rajoy Government in 2012. It is intended to verify that none of these senior officials have used this extraordinary regularization to declare these amounts. If it is proven that they come from illegal activities, it would not exempt them from a significant financial penalty either.