1 – Do the Balearic Islands have its own civil law? The Spanish Civil Code (Código Civil) is not applicable in all its parts to the entire territory of Spain. Rather, in certain areas and since ages, different civil law systems apply side by side (that of the Balearic Islands, Aragon, Catalonia, the Basque Country, [...]
NEW IMPORTANT OBLIGATION OF THE RESIDENTS IN SPAIN: TO INFORM ABOUT ALL KINDS OF ASSETS AND RIGHTS THEY HAVE ABROAD.
An obligation for 2012, with serious consequences if not carried out. Any person, residing in Spain, who is a titleholder of assets and rights located abroad (bank accounts, values, real estate, insurance, etc.) must give very detailed information about the same to the Spanish Treasury, presenting an informative declaration during the first quarter of the [...]