The rapid re-activation of activities after months of strict lockdown to halt the spread of the first wave of the coronavirus has dispelled the worst omens for the economy. Due to the suddenness of events, no one dared to predict such a turn. shock, almost everything shut down overnight and as there are no close precedents for such a situation caused by a global pandemic. As the economy came out of hibernation, ERTE, layoffs compensation for freelancers, direct injections into the sectors most affected by the restrictions, and the rest of the aid facilitated a very calm transition to the so-called new normality. The majority of the staff, the investment capacity of the companies and a significant portion of the household income have been preserved. Still, the risk of poverty increased from 21% to 21.7% throughout 2020. The rich, on the other hand, didn’t cry that much. In the same context, The number of millionaires across the country has increased by more than 6,700 and Galicia Added 224 new richesIn parallel with the increase in its features, it breaks high records.
The number of people who filled the Wealth Tax was 8,242It’s an unprecedented figure in society since the tax was rolled back in 2012. Citizens with assets of more than 700,000 Euros must be responsible for their portfolio – not counting up to a 300,000 Euro limit of the value of their habitual residence – and, in general, those exceeding two million. According to the balance sheet released yesterday, their wealth amounted to 49,464 million euros, after an increase of 3.3% (1.569 million more) compared to the previous year and about 85% of the regional Gross Domestic Product (GDP). Tax Administration. Each reported an average of €6 million in savings, investments and other items. In the last ten years, this privileged population group has increased by 26% and their holdings have doubled.
3.8% of the 218,991 taxpayers reside in Galicia. It is the seventh richest self-government. – not counting the Basque Country and Navarra, which are not included in the report because they have their own tax systems –, but the second largest amount was declared Due to the impact on statistics that some of the country’s big billionaires reside here, such as Inditex founder Amancio Ortega and Paideia’s first daughter and leader Sandra Ortega. After deducting exemptions and deductibles, 7,646 wealthy Galicians paid tribute. The amount was 27% below 2019 collection due to higher tax cuts, amounting to 66.6 million Euros – approximately 8,711 Euros per person. The average rate and effective rate was 0.64% compared to 0.88% in 2019.
The fee payable for Inheritance in the State as a whole was around 1,204 million euros. Madrid would be the region that makes the best use of more than 992 million euros in tax were it not for the fact that its regional government subsidizes it at 100%. Revenues in Catalonia were around 546 million; 156 million in the Community of Valencia; 93 million in Andalusia; and 68 million in the Balearic archipelago. Of the nearly 219,000 taxpayers across the country, there are 724 super rich The tax base bypasses the €30m barrier, twenty more than at the outbreak of the pandemic.
Galicia’s major properties have benefited from the brick explosion due to lack of trust to strengthen their real estate portfolios. Investment in urban items increased by 230 million euros, while those with a rustic nature increased by 6 million. The increase in the movable capital was 1.270 million, although it is very different from the instrument. It has lowered its positions in public debt and bonds by another five million and a further 330 in listed shares, while its holdings in collective investment firms are 161 million and its holdings in non-hardwood companies are 1.231 million – exempt shares. pay taxes – and 19 million bank accounts. Luxury goods make the strongest growth spurt. The value in vehicles, ships, planes, jewelery and leather increased 55% to 123 million in just one year.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.