Translated from Spanish by google translate.
This is one of the measures included in the draft law on combating tax fraud has approved Friday the Council of Ministers, has advanced as Vice President and Government Spokesman, Soraya Saenz de Santamaria.
The bill establishes the obligation to communicate the "accounts, securities, bonds, annuities or real estate" abroad and if they have not been declared and are discovered by the Treasury does not lapse and shall be charged to fiscal year have been discovered.
Another measure of the bill is the prohibition on cash payments in excess of 2,500 euros in operations that involve entrepreneurs and freelancers. The limit does not affect transactions between private and will rise to 15,000 euros for non-resident payers.
"If the limitation is violated both the payer and the receiver will be jointly liable for the infringement," said Saenz de Santamaria, who, however, pointed out that if one party makes known to the tax payment not be penalised.