this State willing to change the new tax on energy Beginning at the Congress Adjust according to Twenty-Seven’s formula taxing the extra earnings of groups caused by the price spiral in the midst of the energy crisis.
European Commission President Ursula von der Leyen proposed on Wednesday as part of a new package of measures that member states have just formed to deal with the energy crisis exacerbated by Russia’s war against Ukraine. taxes to tax extra earnings at a minimum of 33% this year only from large oil, gas and coal companies, provided that profits increase by more than 20% compared to the average profits of the previous three years.
The new tax advocated by Brussels should still be adopted by Twenty-Seven and may still undergo changes. Currently, the European Commission’s proposal has the same purpose as the tax drawn up by the Spanish Government (cutting the extraordinary profits of large corporations from the crisis and using the proceeds to ease support measures for consumers), but differs. inform.
The tax, promoted by the PSOE and United We Can coalition government, aims not to tax the benefits of energy companies, as Brussels demands, but rather their sales by imposing a 1.2% rate on the turnover of companies with revenues of more than 1,000. million euro for two years. It also aims at an implementation. big tax bankingWhile the tax commission and interest income is 4.8%, the Brussels proposal does not include a rate for the financial sector.
The Minister of Finance, María Jesús Montero, showed a willingness to change the tax committed in Congress to adapt it to the conditions agreed within the European Union. “We will adjust our tax as suggested by Europe”, Montero convicted in an interview with Antena 3. “When you finish the European debate [sobre los términos del nuevo gravamen]We will adjust the tax according to the amount agreed in Europe”.
The head of the treasury argued that the Spanish Government took the initiative to tax the extra earnings of large energy groups in the European Union and that the taxes were passed on to sales, not taxes.the legal form we believe is the strongest”. And it is suspected that a new tax on profits is legal, as corporate tax already taxes the profits of companies, as it may be considered double taxation.
The People’s Party, which has so far refused to approve new taxes for energy and banking, now advocates to approve the tax in Spain only if it conforms to the specifications proposed by the European Commission, which tax profits, not income. Now the Government is open to implementing these changes to adapt the tax to what has been agreed in the EU. Minister of Finance Popular challenged to present changes In parliamentary process to establish new tax after position change.
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.