Imaz sues energy tax, stating that “it conflicts with business activity”

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Repsol CEO Josu Jon Imaz believes the tax “doesn’t go against the rich” and has asked for income taxes and capital income to be increased and tax those who have money.

Euskaraz irakurri: Imazek energia konpainiei ezarriko zaien zerga kritikatu du, “enpresa-jardueraren kontra” doala argudiatuz

Repsol’s CEO, Joshua Jon Imazlaunched a dart against the energy tax approved by the government of Spain.

In an article in The countryImaz has filed suit against the tax on the main Spanish energy companies, proposed by the government of Pedro Sánchez, as “it is not against the rich”, but rather “goes against the grain“.

He has also stated that will “damage” investment capacity enterprises and industrial employment, which will ultimately affect the country’s competitiveness and modernization.

At the end of July, the government introduced a bill to the Congress of Deputies to approve two taxes, one of 4.8% on the interest margin and commissions of the largest banks in Spain and another of 1.2% on the income of the major energy companies in light of the “extraordinary gains” caused by the rise in interest rates and the rise in energy prices.

In his grandstand this Sunday, Imaz has defended the taxes, which he pays “with pleasure”, including those that affect the highest incomes. “I’ve been able to study all my life on scholarships because some people paid their taxes so I could get an education and I think about it every time I pay mine,” he said.

However, he has assured that the tax submitted by the government for parliamentary processing is “not for the rich”. “If that is your speech, I ask the rulers that they are brave, that they raise personal income taxes and capital income, and tax those who have money‘, has engrossed himself in it.

Imaz has also sued the decision, considering it “discriminatory“, excluding other sectors that “greatly” increased their profits this year or exempting “smaller” competitors from the tax. invest in this industry in our country and create jobs?” asked Repsol’s CEO.

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Source: EITB

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