The government enlists the backing of energy companies in its order to go to Brussels amid the new tax debate.

The government has made it clear that it opposes the European Commission’s plan to reduce gas consumption equally in all member states if Russia threatens to cut supply without taking into account each country’s dependence on Russian gas. A Pulse from Spain to Brussels and the other member states of the European Union, which will be staged at the Council of Energy Ministers next week, where Pedro Sánchez’s director finds the support of energy companies, are in complete shock at the Government’s decision to impose a new billionaire tax. to provide extra income to large groups in the sector.

The European Commission recommends that all countries voluntarily reduce their gas consumption by 15% by next March (10% for countries with few connections, such as Spain, or already supplying gas to other member states). ration may become mandatory For everything in case Russia decides to cut off Europe’s gas supply suddenly and completely. A coffee for everyone Sánchez said the Executive rejected it outright and also harshly criticized Spanish employers of the gas sector and oil companies.

The Spanish Gas Association (Sedigás) shares the position of the Government of Spain. Spain does not consider the hypothesis of a general demand restriction for neither households nor Spanish industrial consumers”, they emphasize, aligning themselves with the Executive’s position to demand that employers of the gas sector not apply Brussels’ consumption cuts to everyone. linearly and each country’s exposure to Russian gas and the availability of gas uptake infrastructures (six regasification plants in Spain, one-third of all EU capacity) and interconnection with Europe.

this Petroleum Operators Association (AOP), large oil companies Repsol, Cepsa, BP or Galp, before the European Commission formalized its proposal and even when only drafts of the plan were still circulating, it showed its frontline opposition to the implementation of equal cuts in all EU countries. The oil conglomerate, along with a dozen other employers from major industry, signed a letter to Teresa Ribera, Vice President and Minister of Ecological Transition, demanding that the Spanish Government “oppose from the front” the measure that Brussels is preparing.

Government and energy companies support a common position in the European Union’s emergency plan Keeping Russia’s finger on the face of a kind of truce in line with the current shock due to the Director’s intention to raise taxes for large companies in the energy sectors making extra profits in the midst of a spiral of price increases. The executive advocates for increased gas exports to Europe and for more efficiency measures and voluntary savings in the Spanish market, in return for not being affected by the mandatory consumption cuts for all countries.

4,000 million taxes

The government is preparing a new temporary tax on major energy groups to finance the measures taken to alleviate the impact of the inflation spiral on households and companies. As approved by President Pedro Sánchez in the State of the Nation Debate, the plan is to create a new tax to tax the extraordinary profits made by electricity, gas and oil companies due to the spiral, according to the Executive. rise in prices amid the energy crisis

The government’s aim is to apply the new tax only to large energy companies with an annual turnover of more than 1,000 million euros, and plans to collect a total of 4,000 million euros (2,000 million per year). 2022 and 2023 income tax will apply). Among the companies that will be subject to the new tax will be main energy groups such as I.Berdrola, Endesa, Naturgy, EDP, Repsol, Cepsa or BP Spain.

Source: Informacion

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