2023-10-24 14:46:50
The legislative agreement reached between the PSOE y summer includes extending indefinitely the extraordinary taxes on banks and energy companies as well as toughening the minimum taxation of the 15% in corporate tax.
Banking and energy
“We are not going to lose the tax on banks and energy companies. We continue in a exceptional situation and we cannot afford to miss it“said the acting second vice president and leader of Sumar, Yolanda Díaz, after the public signing of the legislative agreement with the acting president of the Government and leader of the PSOE, Pedro Sánchez.
Sánchez and Díaz present their pact for “four more years” and now wait for their partners appealing to “coexistence”
“We will review the levies on banking and energy companies with the aim of readapting and maintaining them once their current period of application expires, so that both sectors continue to contribute to fiscal justice and the maintenance of the welfare state,” the agreement signed by Sánchez and Díaz says, verbatim.
Minimum tax of 15% in Companies
The acting vice president has also explained that the legislative agreement includes a new harsher formulation regarding the current minimum taxation of 15% in corporate tax. “Large companies will finally pay 15% of the corporate tax on their accounting results,” and not on the taxable base of the tax, which is much lower, said Yolanda Díaz. Thus, the minimum tax of 15% will be applied “on real profits and not on what they say they earn” (companies), and with this, according to the acting vice president, an additional 10,000 million euros can be raised, when the measure is fully implemented.
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Wealth tax
Within the framework of the negotiation and design of a new regional financing model, the document signed by PSOE and Sumar assumes the commitment to evaluate the results of the so-called ‘temporary solidarity tax on large fortunes‘ with the objective of “moving towards a new taxation of wealth within the framework of the regional financing model to put an end to unfair tax competition between territories.
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