facebook
twitter
rss
account
search
search
 

Spanish Parliament passes law on political party accounts

Feb. 22, 2014 at 4:15 PM   |   Comments

MADRID, Feb. 22 (UPI) -- The Spanish Parliament passed a law that will require all political parties to make their financial transactions public and restrict donations.

The law mandates that political parties upload all financial transactions to their websites and submit them to the Accounts Tribunal, ThinkSpain reported.

If a party receives a donation, it must be refunded or handed over to the official treasury fund for the scrutiny of the Accounts Courts.

The goal of the law is to "introduce greater control, transparency and prevention of tax evasion," said the People's Party.

© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Lockheed Martin, Roketsan collaborate on F-35 cruise missile Lockheed Martin, Roketsan collaborate on F-35 cruise missile
2
GenDyn UK picks Lockheed Martin for vehicle turrets GenDyn UK picks Lockheed Martin for vehicle turrets
3
Survey: Harvard Law grads earn the most of any grad school in the country Survey: Harvard Law grads earn the most of any grad school in the country
4
China overhauls legal system, at least on paper China overhauls legal system, at least on paper
5
Thailand orders more aircraft from Airbus Helicopters Thailand orders more aircraft from Airbus Helicopters
Trending News
Around the Web
x
Feedback