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Spain

King Juan Carlos pays back tax bill


PHOTO: IREKIA/CC BY 2.0/WIKIMEDIA COMMONS

Spain’s former monarch, Juan Carlos I, has settled a bill for back taxes as reports continue that he is planning a return to the country he ruled for almost forty years.

In a statement released on December 9th 2020, the king’s lawyers said he had paid 678,000 euros. The sum also covered interest and fines. They gave no details on why the back tax was owed. However, in recent days, leading Spanish paper, El Pais, has reported that Juan Carlos wanted to sort out alleged illegal credit card transactions with Spain’s tax service to avoid being charged in an investigation. It could lead to his return to Spain. His lawyers added that he ”remains, as always, at the Tax Service’s disposal” for any inquiries or proecedures.

Juan Carlos and his finances have been under scrutiny for several years and Spain’s Supreme Court has started investigations including one into his links to a high speed rail contract in Saudi Arabia. In March 2020, his son and successor, King Felipe VI, renounced any personal inheritance from Juan Carlos and cut his allowances.

Juan Carlos went into self imposed exile in August this year as allegations of financial impropriety continued to increase and pressure on Spain’s Royal Family intensified. It was later confirmed he had moved to the United Arab Emirates.

About author

Lydia Starbuck is Associate Editor at Royal Central and the main producer and presenter of the Royal Central Podcast and Royal Central Extra. Lydia is also a pen name of June Woolerton, a journalist and writer with over twenty years experience in TV, radio, print and online. June has been a reporter, producer and editor, picking up several awards over the years. She's appeared on outlets including BBC 5 Live, BBC Radio Ulster and BBC Local Radio and has also helped set up a commercial radio station. June is also an accomplished writer with a wide range of material published online and in print. She is the author of two novels, published as e-books. She is also a marriage registrar and ceremony celebrant.