The Spanish government will reduce taxes on energy companies

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In a statement on the agreement on two taxes that will be managed by the provincial treasuries, the PNV announced the executive’s decision to reduce taxes on energy companies, confirmed by the changes submitted by the PSOE to the type of law multinationals.

The government of Spain has decided to leave Reduce the extraordinary tax on energy companieswhich expired on December 31, as announced by the PNV in a statement reporting two transfers to the provincial estates.

According to the Yeltzales, the executive’s decision has nothing to do with the agreement, as they were willing to accept the tax on energy companies if it were managed by Basque estates.

Togetherthe main obstacle to approving the sustainability of the tax, stated that she would not support it if it would harm an investment of 1.1 billion euros in Tarragona.

Faced with the decision to withdraw the extraordinary tax is EH Bildunext to Addgovernment partner of the PSOE, and C.K.D.

The pro-independence groups propose a permanent tax on energy and banking, and an increase in the tax rate “in view of the record profits announced in recent months by both banks and energy companies.”

Sumar, in turn, wants to convert temporary taxes on banking and energy companies into permanent taxes, because it already manages to collect 2.9 billion euros per year in two sectors “that have extraordinary advantages.”

The second vice president, Yolanda Díaz, has already claimed that making the energy tax permanent “is mandatory” to rebalance the budget.

However, the PSOE has not registered an amendment to make the tax permanent, according to parliamentary sources consulted by EFE. If a political agreement is finally reached with the Junts, the text could be introduced as a transactional amendment in the coming weeks.

Source: EITB

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