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The amount of insolvency procedures in the Valencia Region increases with 52.7% |
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A total of 165 families and companies of the Valencia Region have been declared insolvent during the last trimester of 2009, which represents an increase of 52.7% with regard to the same period of 2008, and this situates Valencia, after Catalonia, as the second region with the highest amount of insolvency procedures.
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Belastingen voor niet residenten in Spanje |
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“Nothing is certain but death and taxes” Deze aloude woorden van Daniel Defoe bevatten niets dan de waarheid. Spijtig genoeg komen nog veel te vaak mensen voor verrassingen te staan als het over thema’s als belastingen en erfrecht gaat. Om die reden spits ik me de komende maanden toe op deze thema’s die voor Nederlandse en Belgische residenten en niet residenten uitermate van belang zijn.
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Leading Andalusian builder Noriega seeks court protection from creditors |
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Noriega, one of the biggest home-builders in Andalusia, has gone into voluntary administration with debts of 1.1 billion Euros, reminding us how tough things still are in the Spanish property market.
Under Spanish law, companies that are unable to cope with their debts can request court protection from their creditors, and then continue trading whilst renegotiating their debts, albeit under the watchful eyes of court-appointed administrators.
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Spending cuts 'risk 1m UK jobs' |
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Almost one million jobs could be lost in the UK because of government cuts in public spending, a report suggests.
Accountancy firm PwC said that about 500,000 of those job losses may be in the private sector due to the impact on firms supplying the public sector.
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007 in the dock - Sean Connery and his associates must Post €60m bail in Corruption Case |
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A judge in Marbella has levied a bail of more than 60 million Euros on actor Sean Connery and the other principal defendants in a corruption case.
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