The Gestha union, representing tax technicians, has called for an investigation into the tax residency status of Juan Carlos I, spurred by new reports concerning his financial dealings. They point out that he has recently repaid a loan amounting to four million four hundred and sixteen thousand seven hundred and fifty-seven euros, which was used to cover outstanding income tax declarations from two thousand and fourteen to two thousand and eighteen.

Gestha raises significant questions about where Juan Carlos I officially resides for tax purposes, suggesting that he was still a resident in Spain at the time he received the loans. The union argues that establishing his tax residency is crucial for determining his tax obligations. They have requested the Tax Agency to initiate an inspection ahead of the impending deadline for tax investigations.

In addition to assessing his loan conditions, Gestha has also asked for an inquiry into the nature of income allegedly amassed from his rights to documentary productions about his life. They want to ascertain whether these earnings were received directly or through any corporate entities, and the origins of any funds in his accounts.

The union warns that without proper taxation, Juan Carlos I could be classified as a ‘fiscal stateless person’, failing to pay taxes on his global income in both Spain and the United Arab Emirates. This situation, as explained by Gestha’s president, Carlos Cruzado, raises serious concerns about compliance with tax regulations and the potential legal implications for the former king.