In a chaotic and long session (the last vote was at 1am), Congress managed to pass the European tax on multinationals and agreed to extend the tax on energy companies for another year. The latter must be voted on in the plenary on Thursday and it is doubtful what the people of Puigdemont will do.
After seven hours of negotiations and at the stroke of 1 a.m., the Spanish government managed to save in the Financial Committee of Congress the law regulating the minimum rate for multinationals (mandatory compliance in the European Union) and to save part of its budget appropriations. package, in which the executive commits to a royal decree extend another year the tax on large companies energetic. This agreement has been agreed in extremis by the PSOE with EH Bildu, ERC and BNG, and also includes the bank tax.
Once the committee process is complete, tax reform will come into full session on Thursday and that’s where it comes into play Togethersince Puigdemont’s men agreed to drop taxes on energy companies. At this point it is unknown what the Junts will do (in the Commission they surprisingly voted in favor of the budget package), and the Treasury quickly indicated this has no intention of raising taxes to energy companies that carry this out investments in decarbonizationdespite what had been agreed with the three left groups.
Agreement with EH Bildu, ERC and BNG
This Monday’s session was tense and full of pauses. The final twist to the script came at 11pm when the three groups announced an agreement with the PSOE during the plenary session on Thursday, allowing it to overcome the vote and move forward with the bank tax, in exchange for a future royal decree. law that extends the tax for large energy companies by one year.
The three parties announced the pact in a joint statement and emphasized that the bank tax will be introduced coordinatedas the Spanish government had agreed with the PNV.
The Spanish government avoids a million dollar fine by approving the European tax
An increase in personal tax by two percentage points has also been approved for savings income above 300,000 euros. 28% to 30%and reduce corporate taxes for cooperatives and companies invoicing less than one million euros, and improve taxation of artistic activities.
A bonus has also been approved on social security contributions for sports clubs and non-profit associations.
The debate in the committee took place in a strong atmosphere tension and confusionwith pauses, long technical discussions and signs of confusion among all parliamentary groups about what was being voted on.
Source: EITB
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
