Sumar’s spokesperson, Ernest Urtasundescribed this Monday as “absolutely unacceptable” the news that King Emeritus Juan Carlos I had created a foundation with his daughters in Abu Dhabi to be able to pass on his legacy to his daughters. In this sense, the Minister of Culture also considers that this maneuver is an “insult” because he continues to “walk around Spain” without giving any explanation.
“It rains when it rains,” Urtasun told reporters. “What the emeritus king must do is stand before the citizens to account for everything he has done.”
The King Emeritus, as published this Monday The confidentialcreated the aforementioned foundation in order to, in order to promote his almost four decades of reign, more easily transfer his inheritance to the princesses. Elena and SofiaThe board of directors, created in Abu Dhabi, is composed of Juan Carlos himself, his daughters and his lawyer.
According to this media, in addition to the almost zero taxation of this type of foundations in the Gulf country, there is the secrecy surrounding their operating rules and the real property goods. Once Juan Carlos dies, the daughters will control the assets of the company. This is not the case for his son Felipe, who renounced the inheritance.
The deputy of the plurinational group and leader of the Common, Gerard Pisarelloalso censored the project to create this foundation on Monday, which he described as “audacious”.
“Juan Carlos I has changed his tax residence to a theocratic regime and has just created a company to leave a fortune to his daughters while avoiding taxes.
In fact, he argued that this movement “would justify the sudden repeal of the decree approved, after his abdication, by the PP government” which granted this gentleman the title and honors of king.
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