Tag: cash payment in Spain

  • Under-declaration of the sale price of a Spanish property

    Under-declaration of the sale price of a Spanish property

    Believe it or not, I still come across property transactions where one of the parties, usually the seller, asks for part of the sale price to be paid in cash or, even worse, paid with a bank transfer but not shown on the deeds. The first one is flagrantly illegal but the second is simply…