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The PSOE and Sumar relaunch the negotiation of the Budget with tax increases to tourist flats and real estate investment companies

Summary by El Pais
The PSOE and Sumar have reached an agreement this Monday to push forward a tax reform in 2025 with several new developments aimed at improving revenue collection, advancing tax equity and relaunching the negotiation to approve new budgets. Among the measures agreed is the imposition of a VAT of 21% on tourist flats and an increase in taxation on the Anonymous Quotated Investment Companies in the Real Estate Market —known as Socimis—, figures cre…

27 Articles

Right

PSOE and Sumar have agreed on Monday to introduce amendments to the new law that taxes multinationals with the aim of raising taxes on banks, tourist apartments and luxury goods. Specifically, coalition government parties are going to impose that the banking sector pays more for its profits despite maintaining the imposition on these companies. On the other hand, both formations intend to increase VAT on tourist apartments and create a new tribu…

Center

The PSOE and Sumar have concluded an agreement on the tax law on multinationals, which was going to...

·Spain
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Lean Left

The coalition government has reached an agreement for fiscal reform with several new developments, following intensive negotiations led by the Ministry of Finance,

·Granada, Spain
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Lean Right

The PSOE is making hard progress in its attempt to find allies for its battery of fiscal measures in the face of the clash between its own partners. This Monday it reached an agreement with the...

·Madrid, Spain
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Lean Right

PSOE and Sumar have reached an agreement in fiscal material that includes raising and tightening taxes even beyond what the socialists had already agreed a few weeks ago with PNV and Junts. Between the measures, both parties have agreed a 21% VAT for tourist flats, a new tax on luxury goods and ending the taxation of the socimis. This agreement is part of the amendments to the bill that transposes into Spanish law the European tax of 15% on the …

·Spain
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Center

The coalition partners reached an agreement this Monday to push for a new tax reform. In it, the PSOE and Sumar agreed to maintain the tax on banking, create a new tax on luxury goods and raise VAT to tourist flats, although they left out maintaining the energy tax, as agreed a few weeks ago by the socialists with Junts. Thus, Sumar gives way by dropping the tax on energy in exchange for creating a tax on luxury goods, such as private jets and y…

·Madrid, Spain
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  • 37% of the sources lean Left, 36% of the sources lean Right
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alicanteplaza.es broke the news on Monday, November 11, 2024.
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