Bank claims it distributes new tax among more organizations

Banks assumed as in practice impossible which is taxindustry promoted by the government get ahead. And so they try to to influence in some parliamentary groups so what is finally approved tax less harmful possible. Thus, the industry largest number of assets forced pay tax in order not to harm competition, as EL PERIÓDICO, a newspaper that is part of the Prensa Ibérica group, and this media have learned.

In this way, organizations have made offers through their own proposals. AEB and CECA employers many Changes Bill to create a “non-tax public patrimonial benefit” (not officially a tax to avoid) legal traps) is processed by Congress. The industry wanted it foreign banks operating in Spain through branches such as ING and BNP Paribashave to pay the fee for now they would be exempt although they are direct competitors.

While there are doubts about how the bill will be interpreted, the industry estimates that it will only affect the budget as it is currently being prepared. 10 or 11 largest assets. In recent weeks they have considered insisting low income level (interest margin plus commissions) at least 2019 is obliged to pay this. This will allow the State to collect the planned amount (3,000 million between 2023 and 2024, to be collected from the previous two years). drop the type ‘tax’ below 4.8%. Finally, they have from work Although they try to get more organizations to be affected, they make a special offer about it.

Downloadable and paid

The industry also suggested group operations not taken into account in the assessment. He also demanded that the ‘tax’ be paid. deductible for tax purposes and let it pass cost to customers. They had to do this, he argued, according to regulations. European Banking Authority (EBA, for its English abbreviation). Also, he disclosed, it would be discriminatory Compared to other business sectors that can transfer the cost increase caused by the inflationary spiral to other sectors. Large banks with international business also outside activity Accommodation with connections in Spain exempt.

Businesses also consider this to be more reasonable. tax your profitand not your most basic income, because the chosen formula does not take into account your income. costs and hurt banks. other sources of income (such as insurance or industrial portfolios) carry less weight. Both employers’ associations have proposed the following as a change: lien will be withdrawnbut they realize that there is more to it. unlikely He said the bill would not be issued before the end of the year.

years of litigation

Because it is a bill submitted by PSOE Y United We Can, Those who can take the rule to the Constitutional Court after they approve it will be parliamentary groups or a group of at least 50 deputies or 50 senators. Banks had a minimal hope. PP anyone sound they could, but they see very unlikely because of the political cost of taking an unpopular initiative in a country primary election year and the inflationary spiral is depleting the purchasing power of households.

What seems more likely is that banks to wait For the Treasure to pass them first settlement ‘tax’ advance February He will take the matter to court next year. Then the parties will be able to object, claim that it is against Magna Carta and ask the judges to refer it to the Constitutional Court. If the judge accepts this and allows it to be processed by the Constitutional Court, the court in question, “Takes six to eight years to resolve”indicates financial resources.

Source: Informacion

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