European Union Working Laws
Posted in EU Info on 10/06/2010 11:23 pm by admin

What happens when it comes to paying Death Duties if the estate of a deceased person who dies without leaving?
a valid Will, and whose estate is divided between two different European countries, Scotland and Spain? The Probate is being sought in the country of his Domicile, Spain, but, once obtained will have to be presented in the Courts of Scotland in order to reclaim the acceptance of the Spanish Domicile of the deceased! Meanwhile Spain will be claiming taxes due on the estate in their country!
Due to the complication of the Domicile, and the differing attitudes towards Laws in each European country,(which in my opinion, as a victim of this discrepancy, should be solved as soon as possible,) the estate has been divided into two parts, as it were, and I suppose both countries will make sure they claim their dues, meaning that taxes will have to be paid in both countries!? Does the European Union really work juridically, I ask?
I think the answer to this question could interest many residents abroad who have experienced a simular peculiar situation.
The two countries have no bearing on the issue. The will would go to probate in the country that the deceased was living at the time of his death. All taxes will be payable in that same country.
The executors of the will deal with all of these matters, and pay any taxes due.
If this is a factual case, you may need legal representation, to help with any inheritance taxes that may due.
Greek Finance Ministry Set Ablaze In Athens Protest
|
|
Comparing European and U.S. Securities Regulations: MiFID versus Corresponding U.S. Regulations (World Bank Working Papers) $27.60 The paper compares the EU and US securities regulations, and specifically MiFID with the corresponding US regulations. It primarily focuses on the regulatory and supervisory framework, trading venues, and the provision of investment services. The paper argues that the architecture and some of the rules regarding securities markets are different in the two regions, but the objectives and some of th… |
|
|
The European Union: How Does It Work? (New European Union Series) $22.77 This short introductory text de-mystifies the European Union’s structures and operation. Blending scholarly expertise and practitioners’ experience, the authors introduce and analyse the EU’s key actors, processes and developments. The book’s overall aim is to provide an accessible, lively introduction to how the EU works and why it matters…. |
|
|
Competition Law and Regional Economic Integration: An Analysis of the Soutern Mediterranean Countries (World Bank Working Papers) $14.73 Competition Law and Regional Economic Integration argues that adoption and strengthening of a competition law regime is a key component of the regulatory reforms in the Mediterranean region. It also argues that the competition rules inserted in the Association Agreements signed between the European Union (EU) and the Mediterranean Partners (MPs) currently do not provide adequate protection against… |