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Spain Announces Tax Fraud Measures After Wealthy YouTubers Exodus


RAMROD

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RAMROD

Spain's tax agency said on Monday it would start using "big data" to track wealthy individuals who pretend to reside abroad for tax purposes.

The crackdown comes after some of Spain's most popular YouTube personalities moved their residency to Andorra, a wealthy microstate perched in the Pyrenees mountains between France and Spain, with lower tax rates than its larger neighbours.

Two weeks ago, Ruben Doblas, who posts YouTube videos under the moniker El Rubius, announced via livestream that he was moving to Andorra, stirring a debate in the Spanish media about where digital high-earners should pay their taxes.

Other popular Spanish YouTube personalities such as TheGrefg, Vegetta777, Willyrex and Patry Jordan have already settled in Andorra.

Doblas has the world's 44th most popular YouTube channel with 3.9 million subscribers and an estimated annual income of up to $2.3 million, according to social media tracker SocialBlade. 

 

In Spain, anyone who earns above 300,000 euros per year must pay income tax of 47%, compared with a 10% flat rate charged by Andorra on earnings of more than 40,000 euros.

 

Source:

https://www.reuters.com/article/us-spain-tax-andorra-idUSKBN2A13EE

 

 

Rich people evading taxes. It is not exclusive to a certain country, it seems. :bradley:

(ノ◕ヮ◕)ノ✧*:・゚ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸`*) ♡♡♡
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TaylorSwift

just like Shakira who was a resident of the Bahamas while living all the time in Barcelona :reductive:

https://store.taylorswift.com
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5 hours ago, RAMROD said:

Doblas has the world's 44th most popular YouTube channel with 3.9 million subscribers and an estimated annual income of up to $2.3 million, according to social media tracker SocialBlade. 

I was like uhhh 3.9??? maybe 144th.. but he has 39M subscribers :nooo: also, he has the *most* retweeted tweet of 2016... his power! 

47% vs 10% is a massive difference omg :nooo: they've let businessmen and other rich people get away with it but now YouTubers so cracking down

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Lion Heart

Tax them!

Jurnee Smollett Dancing GIF by Lovecraft Country

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