Treasury officials demand that the Tax Agency investigate Juan Carlos.
The Gestha union warns that the emeritus king may not be paying taxes anywhere on his assets.
MadridThe majority union of technicians at the Ministry of Finance, Gestha, is demanding that the Tax Agency investigate the emeritus king, Juan Carlos I. After it became known that he has returned 4.4 million to businessmen in his area that they left him to regularize his assets with the Spanish Treasury in 2021 and that in 2022 he would have transferred his tax residence to the United Arab Emirates, they emphasize that it is necessary to investigate whether this is true and whether the update with the Tax Agency was correct or not.
The Treasury technicians propose a double inspection. On the one hand, whether in 2021 the emeritus king had properties or accounts abroad and their valuation. In this way, it could be verified where his main center of economic interests is located. If he were in Spain, he would continue to be a tax resident in the State even if he lives in the United Arab Emirates, but if he were outside "it could be considered that Juan Carlos I's tax regularization was untrue, incomplete or incorrect, with the criminal consequences that this would entail for alleged crimes against the public treasury."
On the other hand, the second inspection would be aimed at verifying the place and nature of the income supposedly obtained from the sale of rights to make documentaries about his life and from intermediation in commercial operations, which would be the way in which - according to what was published The World– The emeritus king has been able to pay back more than 4 million euros to his friends. Experts point out that it's enough to know if he has more assets in Spain than in any other country to prove his tax residence from 2022. Gestha warns, however, that Juan Carlos could hardly have transferred them to the United Arab Emirates, because the country's regulations require him to have its nationality.
A tax stateless person
The Treasury officials also explain that there is no personal income tax in the United Arab Emirates, so Juan Carlos could be "tax stateless"—that is, he does not pay taxes anywhere. Therefore, they are calling on the Tax Agency to resolve the doubts so that the emeritus can file his tax returns with the State. "If the procedure for tax residency in Spain is not activated, the Tax Agency would be allowing an abusive case of double non-taxation," they warn in their statement. "The AEAT should open a tax investigation into Juan Carlos, as it would with any other taxpayer with smaller amounts and evidence," they add. Furthermore, they insinuate that the National Fraud Investigation Office already turned a blind eye in 2018 when the National Court requested tax information about the former head of state of Spain. The agency responded, very briefly, by stating that Juan Carlos had not declared any assets abroad and that it had no record of them. This was later proven to be the case.
