Iberdrola boosts income collection from non-residents

Torre Iberdrola, headquarters of the company in Bilbao. / reuters

The distribution of dividends from the electricity company to shareholders who live outside of Spain raises regional income by more than 40 million

Lucas Irigoyen

The payment of dividends from Iberdrola and the withholding that the company has had to make on that income to non-resident shareholders in Spain has been decisive in raising the collection of Income Tax on non-residents in the Basque Country by 72.9%. An increase that has represented a total of 95.8 million euros, 40.4 million more than

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