Automatic exchange of tax and financial information between Spain and the UK
As of 2016, 83 countries including the UK and Spain signed an agreement to implement a system for the automatic exchange of tax and financial information on a global level. It is common for UK banks to send letters to account holders who have given their Tenerife address as their residence address. The letter asks for various information and the format varies slightly between the different banks, but the gist of the letter/form is that you need to provide your country [or countries] of Residence for Tax Purposes so that they can share information between countries so that correct taxes …
Automatic exchange of tax and financial information between Spain and the UK Read More