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View Full Version : Spain launch a new ‘anti-corruption’ law in an attempt to prevent financial scandals



Canarian Weekly
15-02-2013, 14:40
SPAIN is set to launch a new ‘anti-corruption’ law in an attempt to prevent financial scandals.
According to the Global Right to Information Rating, 93 countries in the world have transparency laws in place, but Spain is not one of these.
The new transparency law was approved in Parliament last March but has undergone numerous amendments since.
Last week President Rajoy was facing allegation in relation to financial funds. As a result last Saturday he released documents as a demonstration of his commitment to transparency and those in public office setting a good example, Mariano Rajoy received a net salary of 49,893 euros in 2012.
The documents show that in several months of 2003, as well as in the period from 2004 to 2011, Mariano Rajoy received his wage as Member of the Lower House of Parliament for Madrid plus remuneration as President of the Partido Popular [People's Party], which was paid as representation expenses and declared in full.
The following is a list of his annual net income from employment for that period:
• 2004: € 147,620
• 2005: € 141,953
• 2006: € 112,015
• 2007: € 122,462
• 2008: € 140,445
• 2009: € 146,544
• 2010: € 135,416
• 2011: € 144,738
Besides income from employment, during these years the President of the Government received additional income from assets invested in public debt, securities and property. This income and the assets that generate it are listed in detail on his income tax return and declaration of personal wealth, as well as on his declaration of assets to the Lower House of Parliament.
Over the course of the financial years which data has been released, the President of the Government paid a total sum of 840,131 euros to the Spanish Treasury as Personal Income Tax and another 30,161 euros as Wealth Tax.
The tax information provided does not include details on the subsistence allowance he receives, as these amounts are tax exempt. The same is also the case for all other Members of the Lower House of Parliament.
Besides his ordinary income from wages and the management of his assets, Mariano Rajoy only received two other extraordinary income amounts: payment for having been Vice-President of the Government (which he received during part of 2003, 2004 and part of 2005); and an advance payment for the publication of the book entitled “En Confianza” (the net profits from which, after paying expenses and tax, were donated to various charity organisations)

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