UK & Spain sign new tax treaty to catch evaders

Britain, France, Germany, Italy and Spain have agreed to develop and pilot a system to make it easier to catch and deter tax evaders whereby a wide range of bank details of individuals will be automatically exchanged between the five countries, the U.K. Treasury said Tuesday. The announcement comes as hundreds of thousands of UK expats in Spain panic as the deadline looms for them to inform the Spanish tax agency of all their assets Continue reading UK & Spain sign new tax treaty to catch evaders