Last Monday it was the Provincial Council of Álava that gave the green light to the tax reform project and yesterday the Provincial Council of Bizkaia did the same. Now the documents will be sent to the corresponding general assemblies of each area for debate among the different groups.
The Provincial Council of Gipuzkoa This morning, in its Extraordinary Governing Council, the Council approved the draft regional standard for tax reform, a project that, according to the Regional Delegate for Finance and Finance, Itziar Agirre, “aims to contribute to the protection of our economy and society.” Now the document will be sent to the General Assemblies for debate and voting among the different groups in the first quarter of 2025.
The Guipuzcoan Provincial Council was the last to approve this reform, harmonized between the three Basque provincial institutions, but did so within the deadline set for its application, which will take effect retroactively from January 1, 2025, once approved by the government. Generals. Your approval is required agreement with one of the opposition partiesas the provincial government of Guipuzco, formed by PNV and PSE, does not have an absolute majority.
The Gipuzkoan executive explained in a statement that the reform contributes to taxation responding to the “challenges identified at the presentation of the tax reform held at the Gipuzkoa general assemblies in the first half of 2024 .”
The standard contains already announced measures such as increasing the 19,000 euros per year including the obligation to file income tax returns, positive discrimination initiatives for women, promotion of EPSVs and support for energy rehabilitation and sustainable mobility.
As for the shelterincludes benefits to stimulate rental supply, by improving tax treatment for landlords whose tenants are the regular residents of the properties or whose properties are located in a less favored area.
The Provincial Council has also approved a provincial emergency ordinance to guarantee safety Minimum taxation of multinational groups and national on a large scale. This decree means that these large companies will pay a minimum of 15% tax on their profits, in accordance with the provisions of the European Council Directive.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
