is a new affair which could well come to taint the Crown of Spain. The Spanish tax authorities have opened an investigation into the former King Juan Carlos, already targeted by three judicial inquiries, about a tax regularization of 4.4 million euros carried out in February, Agence France-Presse has learned. , Wednesday May 12, from judicial sources.
According to the information site The confidential, which revealed the information, the tax administration is said to be seeking information on the origin of the 4.4 million euros that the 83-year-old former head of state paid him in respect of tax obligations arising from private jet flights which the former monarch had benefited from and which had been paid for by a foundation based in Liechtenstein. This administrative investigation was opened at the request of the prosecution of the Supreme Court and was notified to the former sovereign.
Contacted by Agence France-Presse, a spokesperson for the tax administration said he could neither confirm nor deny, the tax authorities not giving information on the situation of a taxpayer. For her part, the spokesperson for the Spanish government, Maria Jesus Montero, recalled in March that tax regularization always required “to see” that it was “authentic and complete”.
Suspicions of embezzlement also investigated by the courts
Party last August in the United Arab Emirates against a backdrop of growing suspicions about the opaque origin of his fortune, Juan Carlos had made a first tax regularization last December. He had then paid 680,000 euros as part of an anti-corruption investigation related to his use of credit cards attached to bank accounts in the names of a Mexican businessman and a colonel in the army of the Spanish air.
By regularizing his situation with the tax authorities, Juan Carlos sought to avoid legal proceedings. But the justice, which must determine the origin of the funds used for the regularization, has not yet ruled. The former sovereign, who reigned from 1975 to 2014, is the subject of three judicial inquiries for suspicion of embezzlement. The most important of these is to determine whether he received a commission when Spanish companies were awarded a contract for the construction of a high-speed rail line in Saudi Arabia in 2011. He had abdicated in 2014 for the benefit of his son Felipe, after numerous scandals related to his private life.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
