Did you see the front page of the freebie paper, Round Town News? Costa Blanca News ran the same story last week. An ex pat resident sold his house in UK this year, having entered details as required on the assets form. Faced with the information by his accountant that he would have to pay a 30,000 euro cgt bill next year, he was advised to go back to the UK and become non resident in Spain to avoid it, though I imagine he would have to pay it in UK?
He and his partner are both blaming the new assets law-why? Even if this law did not exist he would have been liable for cgt. Is he saying that he would never have mentioned it if there hadn't been a law, in which case it would have been tax evasion.
I hate the assets law, but they can't blame it for their problem!
While we're on the subject, read the motoring page by Brian Deller, author of "Motoring in Spain", for his take on it-controversial!