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
Poland buys medium-range missiles from U.S. Poland buys medium-range missiles from U.S.
2
Great white shark circling surfers photographed by drone Great white shark circling surfers photographed by drone
3
Watch: News anchor resigns live on-air to sell pot, '[Expletive] it, I quit' Watch: News anchor resigns live on-air to sell pot, '[Expletive] it, I quit'
4
Rutgers sophomore Caitlyn Kovacs dead after visit to Delta Kappa Epsilon frat house Rutgers sophomore Caitlyn Kovacs dead after visit to Delta Kappa Epsilon frat house
5
Cop-killer suspect Eric Frein possibly spotted, in standoff Cop-killer suspect Eric Frein possibly spotted, in standoff
Trending News
Video
x
Feedback