The poor results of Cristóbal Montoro's tax amnesty measure designed to repatriate dividends and incentive citizens to claim their shares, represents another barely successful measure employed by Spanish government.
In July, just under 100 taxpayers signed up and fewer than that number in August. The rules that came out of the proceedings and the appeals lodged by the Socialist Workers Party are creating many doubts for potential beneficiaries, who are waiting on a court decree and for the Ministry of Finance to clarify its ideas. The term ends in November and it looks like once more tax amnesty will be a failure. The problem is that the national budget assumes revenues of 2.5 billion from the measure, so the government will have to find this money from some other program.
