Showing posts with label SOTOGRANDE. Show all posts
Showing posts with label SOTOGRANDE. Show all posts

Saturday, 6 December 2014

PA: San Roque has the highest Council taxes but gets no services

Council car tax, one of the lowest in the province
San Roque
SAN ROQUE -- On studying the Report on Local Taxes issued annually by the Confederation of Cádiz Businesses (CEC, Confederación de Empresarios de Cádiz), the Partido Andalucista (PA) says it once more reveals the deficiencies in the government of Mayor Juan Carlos Ruiz Boix regarding one the heaviest taxes paid by the town's citizens: the IBI (Impuesto de Bienes Inmuebles), or Council Tax. San Roque pays the second highest taxes in the province. "Not only do we pay more, but there are sections with high taxes that get no or very few municipal services," says a spokesperson. The answer from the town hall is that the luxury of Sotogrande and Alcaidesa makes them demand the second highest taxes in Cádiz.

Saturday, 8 November 2014

Sotogrande reduces losses by 12%

Sotogrande S.A. agrees to joint venture
SOTOGRANDE (San Roque, Cádiz) -- Sotogrande S.A., the real estate branch of the NH Hotels chain, registered losses of €9.01 million up to September 30, 2014, which is 12% less than the €10.2M losses for the same period last year. According to documents registered with the Comisión Nacional del Mercado de Valores (CNMV, National Stock Exchange Commission), group income was €14.3M, compared to that of 2013, which amounted to €20M, 28% less. Other significant news about Sotogrande SA is that it informed the CNMV that Sociedad 3 and its majority shareholder, NH Hotel Group SA, had agreed to a joint venture with the Cerberus and Orion groups, with the objective of transmitting 96.997% of Sotogrande SA's share capital and of the intragroup financing rights.