The Treasury sees in the benefits of Santander and Iberdrola a boost to its tax

The Minister of Finance, María Jesús Montero, yesterday in Congress. / EFE

Montero considers the tax on extraordinary income “legitimate” after the bank and the energy company have earned 30% more since January

Two large Ibex-35 banks, Banco Santander and Iberdrola, have confirmed the good times their business accounts are experiencing and, incidentally, have given the Government an arsenal to ratify itself in the approach of the new tax on energy companies and financial entities for profits extraordinary events they are registering this year and next. M�

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