Lawyers for ERVA have formally requested the Tax Office to provide an opinion on whether the widely publicized and marketed “tax-mitigating mortgage” is, from a tax point of view, a legal option under Spanish laws.
No sooner we get an answer than we will be publishing its content on this site.
Certainly the erva investigation team are doing everything in their power to get some answere’s from various Spanish Authorities. You would think that with all the world wide press surrounding tax avoidance or evasion as the case may be, they would have fast tracked these investigations. As we all know in Spain ther autorities are some what backward in coming forward, no doubt as a result of the legal machine foundering in the past.