Ultimate magazine theme for WordPress.

Tax on banking and energy will be announced before the month of December

0

Congress has added a large wealth tax to a bill on taxes on energy companies and financial institutions that will be approved this Thursday Economic Affairs Committee And next week Plenary session of Congress which is pending summoning.

Parliamentary sources have confirmed that the Commission has analyzed the presentation improvement The bill was submitted by various groups and only the one jointly submitted by PSOE and Unidas Podemos is included. opposition For the following discussion.

Among the amendments included are proposals by two government groups to impose a “temporary” tax on large wealth. Expand foreign banking With branches in Spain with an application of Finance tax.

Fiscal autonomy of CCAAs

The original activity refers only to taxes enthusiastic Y banking. However, the executive added by Repair A tax for large wealth that would supplement the property with the idea that assets above three million euros could not be exempted from the bonus Regional Governments.

This tax will be 1.7% for intermediate properties 3 and 5.3 million euros; 2.1% for assets between 5.3 and 10.6 million and 3.5% for assets over 10.6 million euros. Moreover, for the determination of tax base Of this tax, the rules of the wealth tax law will apply, so that a deduction for a minimum exemption of 700,000 euros is included.

A tax on energy and banking, for its part, is a tax on the income of this type of company. This will be the minimum billing required to apply the tax €1 billion 800 million in case of energy companies and 800 million in case of credit institutions. Specifically, it will apply 1.2% rate for energy companies and 4.8% for banks.

With regard to the people affected by the energy tax, these will be individuals or entities that carry out activities in Spain for the production of crude oil or natural gas, coal mining or oil refining and generate them in the previous year of income. Obligation to provide benefits, at least 75% of your turnover From economic activities in the field of extraction, mining, oil refining or production of coking products. However, they will be Discounted Operators whose net turnover for 2019 is less than 1,000 million euros.

Foreign banks

As for Bank LienAn amendment has been included so that the tax is required from entities that, regardless of the threshold, are subject to direct supervision of the European Central Bank, including branches established in Spain of foreign credit institutions.

Once the presentation phase is over, the new law and the amendments that are still ‘alive’ are expected to be discussed this Thursday. Economic Affairs CommitteeAlready in public session, and that, a week later, in a new plenary session on the 24th, it will leave Congress to complete its process in the Senate.

Source: lainformacion.com

*The article has been translated based on the content of lainformacion.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!

For all the latest news click here

Denial of responsibility! WHICHLEDLIGHT.COM is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at amritpaljha@gmail.com The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.