FIRST ‘VICTIM’ OF ASSET DECLARATION
Jávea Briton faces five-figure tax bill on UK home thanks to Form 720
By Samantha Kett
GOVERNMENT claims that the asset declaration is ‘not a form of taxation’ were shattered this week when Costa Blanca News was informed of the case of a Jávea Briton who faces a tax bill of €30,000 for the sale of his UK home which he declared on the now-infamous form 720.
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