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Legal & Finance news & information for Spain

Mortgage 'floor clause' refunds subject to income tax and must be declared
Legal & Finance Sat, Jan 14, 2017

Mortgage 'floor clause' refunds subject to income...

HOMEOWNERS who are refunded money after challenging so-called 'floor clauses' in their mortgage contracts must declare the amount received to the tax authorities in their annual declaration. According to the...

Petrol station racket's tax fraud 'would have funded 10 new schools'
Legal & Finance Wed, Jan 11, 2017

Petrol station racket's tax fraud 'would have...

A WIDE-SCALE tax fraud involving petrol stations in Spain uncovered through six major police operations saw enough money go astray to build 10 schools, repair 4,300 kilometres of roads, or fund a provincial...

Winning El Niño lottery ticket number: 08.354
Legal & Finance Fri, Jan 6, 2017

Winning El Niño lottery ticket number: 08.354

THIS year's winning lottery ticket – the second-most famous annual draw in Spain after the Christmas – is number 08.354, which was sold entirely in the town of Torrent (Valencia province). A full ticket,...

Telefónica fined for 'unfair' penalty charges against rival operators
Legal & Finance Fri, Jan 6, 2017

Telefónica fined for 'unfair' penalty charges...

SPAIN'S main telecommunications giant has been fined €5 million for claiming line breakdowns were 'false' when these went through a rival operator, and charging a fee. The National Markets and Competition...

BBVA ordered to refund mortgage costs to client
Legal & Finance Thu, Jan 5, 2017

BBVA ordered to refund mortgage costs to client

A BANK has been ordered to refund a client the sum of €3,371 which was erroneously charged in full to set up a mortgage. The customer was told to make the payment in 2010 when signing a mortgage contract with...

Family of Down's Syndrome woman take her fight for the right to vote to the ECHR
Legal & Finance Sun, Jan 1, 2017

Family of Down's Syndrome woman take her fight for the...

THE family of a young woman with Down's Syndrome who has been denied the right to vote by the Supreme Court has applied to the European Court of Human Rights. The Supreme Court is the highest contentious audience in...

Spaniards do not start saving for a pension until age 43
Legal & Finance Fri, Dec 9, 2016

Spaniards do not start saving for a pension until age 43

SPANIARDS' pension planning is typically too little and too late, warns recent research – a total of 46% of the working-age population has no other provisions such as private pensions or other investments, meaning...

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