Payments may not be deducted from corporation tax, nor passed on to the client. With these taxes, the Sanchez government aims to raise 7,000 million euros over two years to help cover the costs of measures to alleviate the effects of the war in Ukraine.
Euskaraz irakurri: Zerga berriak kargak ezarriko ditu energia salments % 1.2an eta banku marjinaren % 4.8an
This Thursday PSOE and United We Can have a account to regulate the taxes of electricity companies and banks. The new tax will 1.2% of turnover to large energy companiesand that of the banking will apply a rate of 4.8% to its commissions and net interest.
The energy tax is aimed at electricity, gas and oil companies that invoiced more than 1,000 million euros in 2019.
According to this text, the new payments will affect the results of the years 2022 and 2023, which will be paid in September of the following year, with an advance of 50% of the total paid in February .
Payments are not deductible from corporate tax, nor passed on to the customer. Non-compliance can lead to fines of 150% of the amount charged.
With these taxes, the government of Sánchez . wants to raise 7 billion euros over two years to help cover the costs of measures to alleviate the effects of the war in Ukraine.
The measure will be temporary and extraordinary.
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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.
