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Modelo 720: Declaring foreign assets outside of Spain

Feb 28, 2021
If you have foreign assets outside of Spain in excess of €50,000 you may have to file the Modelo 720 (Form 720) each year prior to March 31st. There are no taxes associated with Modelo 720, it's only an informative filing. There are fees and fines for incorrect or late filing. The €50K asset limit applies to three separate categories: Cash / Bank accounts, real-estate, and brokerage accounts. The filing is due each year prior to March 31st. In some was this is the Spanish version of the US FBAR.
Read more about Fox Tail Wine Bar Expands Menu As Business Grows
Read more about Fox Tail Wine Bar Expands Menu As Business Grows

Fox Tail Wine Bar Expands Menu As Business Grows

Mar 31, 2021
Read more about Fox Tail Wine Bar Expands Menu As Business Grows
Read more about Fox Tail Wine Bar Expands Menu As Business Grows
Three military veterans are hoping to bring the European wine experience to Phoebus with the opening of their new establishment Fox Tail Wine Bar.
Read more about Obtain a digital certificate in Spain
Read more about Obtain a digital certificate in Spain

Obtain a digital certificate in Spain

Feb 07, 2021
Read more about Obtain a digital certificate in Spain
Read more about Obtain a digital certificate in Spain
Once you've been in Spain for a while, you'll eventually have to deal with the government. Obtaining a digital certificate can be worth while to allow you to do many things online such as: Filing taxes, user authentication on government websites, social security information, signing documents, dealing traffic fines, and much more. Usually it make sense to do this after you're legally resident and have the NIE (Foreign Identification number) done. You can obtain a personal digital certificate, or also certificates for companies or other legal entities. Here I'll outline the steps necessary.
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Aug 02, 2019
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Commentary: How work-life programs stall women's careers, pay

Apr 04, 2019
"Analysis by the National Bureau of Economic Research found that women earn less as their childrearing responsibilities escalate," writes Joanne Cleaver. "While women earn less from the start, the gap becomes a chasm for women in their 30s. By about age 37, women with college degrees start to earn less than men without college degrees." After exploring the issue, Clever concludes that "Flexible work must not come at the price of equitable pay. Employers need to analyze pay equity not just by gender and tenure, but also by work arrangement."

Noah Smith: Capitalism needs reform, not revolution

Apr 02, 2019
"Critiques of the modern economy have some validity," writes Noah Smith. "But in the rush to bash capitalism — or to capitalize on the sudden unpopularity of the term — the critics haven't done a good job of defining what capitalism means. Does it mean private property? Private ownership of industry? Market economies? Public asset markets and joint-stock ownership? Often, the term capitalism seems like simply a stand-in for whatever market-like features of modern economies someone doesn't like." Before dismantling capitalism, he argues, it would be best to define it and address areas in need of adjustment.
Read more about Doyle McManus: Most 2020 Democrats say capitalism needs a makeover
Read more about Doyle McManus: Most 2020 Democrats say capitalism needs a makeover

Doyle McManus: Most 2020 Democrats say capitalism needs a makeover

Mar 24, 2019
Read more about Doyle McManus: Most 2020 Democrats say capitalism needs a makeover
Read more about Doyle McManus: Most 2020 Democrats say capitalism needs a makeover
The vast majority of the prodigious 2020 Democratic field, says Doyle McManus, are not the socialists Trump and his base are painting them as. With the exception of Bernie Sanders, he says, each candidate is simply proposing ways to make American capitalism more just and beneficial for more Americans — a goal that some economists think is possible to accomplish through policy without impeding economic growth.

Editorial: Facebook discovers privacy

Mar 12, 2019
While Facebook isn't changing anything about its flagship social network, it's new efforts to increase user privacy are focused on integration and encryption of it's Instagram, WhatsApp and Messenger services, says the L.A. Times Editorial Board, which hopes the step will inspire other internet companies to take steps to reduce data-mining of customers.

Trumpnomics: Decrying socialism while pouring public money into private business

Feb 26, 2019
"As long as he's the one doing it, our so-called capitalist President loves using government money to prop up private business," writes the New York Daily News, pointing out Trump's many actions that have run contrary to free-market principles. Google it, says the paper's editorial board.

Trump trade war is politically motivated, yet hurts consumers and GOP voters

Mar 06, 2019
Michael Hiltzik of the L.A. Times writes that a new study has found that Trump-enacted tariffs have been costly for U.S. consumers — and especially hard on producers in America's agricultural heartland, where many of his most ardent supporters reside. According to trade experts, he says, Trump's trade war with China is "based on fundamental misunderstandings of how international trade works, little consistency in applying tariffs to products or sectors, and little consideration of how the trade war would affect the economy."