The following is a translated excerpt from an article published in Economía Digital.
The English law firm Amsterdam & Partners , with offices in London and Washington, has published advertisements in the world’s two most influential economic newspapers, the Financial Times and The Wall Street Journal , calling the Treasury a “pickpocket,” and warns that Spain could be a target for Donald Trump due to its tax policy.
Since last year, the firm has been denouncing ” Spain’s abusive tax practices ,” warning foreign investors and residents “about serious violations of rights and illegal conduct by the Spanish Tax Agency.”
Now he is addressing the potential implications of these alleged abusive practices under Section 899 of the U.S. House of Representatives Resolution, entitled ” Enforcement of Remedies Against Unfair Foreign Taxation.” (…)
Spain could be among those “discriminatory foreign countries” due to the so-called Google tax or the Beckham Law .
“The tax authority’s failure to implement meaningful reforms and its failure to comply with European Union standards puts major Spanish corporations, Spanish residents in the United States, and Spaniards with US investments at greater risk of sanctions ,” the British firm said.
“Our firm has collected a significant number of testimonies from U.S. victims who say they have faced discriminatory taxation based on their status as foreign residents under the Beckham Act, including former residents who left the country long ago,” says the firm led by Robert Amsterdam .
“In some cases, the Spanish Tax Agency has unlawfully sought access to and seizure of its global assets far beyond any reasonable basis under the law,” he underscores, emphasizing that tax laws “should not be used in a discriminatory manner by any country to punish, seek revenge, or penalize one group over another.”