Now Reading
Spain’s former king pays back taxes after leaving amid scandal

Spain’s former king pays back taxes after leaving amid scandal

December 9, 2020

MADRID (Reuters) – Spain’s former king Juan Carlos, who left his homeland under a cloud of scandal in August, has settled a back tax bill worth over 678,000 euros ($817,871) including interest and fines, his lawyers said on Wednesday.

The lawyers, in a statement, provided no details on what the back taxes were for. But the newspaper El Pais said earlier the former monarch sought to settle certain alleged illegal credit card transactions with the revenue service to avoid being charged in an investigation and to be able to return to Spain.

“In any case, His Majesty King Juan Carlos remains, as always, at the Tax Service’s disposal for any procedure it considers necessary,” the lawyers said.

Prosecutors at Spain’s Supreme Court have opened several investigations into Juan Carlos’ business dealings, including those linked to a high-speed train contract in Saudi Arabia.

Juan Carlos’ son, King Felipe, is the current head of state.

“The monarchy is not in danger,” Prime Minister Pedro Sanchez told TV channel Telecinco in an interview, when asked about the scandals involving Juan Carlos, whose formal title is the King Emeritus.

Sanchez defended the system of Spain’s constitutional monarchy and called for respect for the “presumption of innocence” in the face of judicial investigations of the former monarch.

Juan Carlos has been living in United Arab Emirates since he left Spain.

Through his lawyers, he has repeatedly declined to comment on corruption allegations. Spanish monarchs have immunity during their reign but Juan Carlos’ abdication in 2014 in favour of his son potentially leaves him vulnerable to prosecution.

($1 = 0.8290 euros)

(Reporting by Belen Carreno, writing by Andrei Khalip; Editing by Tom Brown and Catherine Evans)

The post Spain’s former king pays back taxes after leaving amid scandal first appeared on One America News Network.

What's Your Reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

© 2020 Myrtle Beach Choice. All Rights Reserved.

Scroll To Top