Review of energy and banking tax Making this permanent will not happen immediately, but will be achieved “in the last quarter of 2024”, as Sumar Parliamentary Group Spokesperson for Economy and Finance explained. Carlos Martin Urriza, via social network X (formerly Twitter). In principle, the tax ends on December 31 of this year, 2022 and 2023 resultsbut it is paid February and September 2023 and 2024respectively.
This statement Martin Urriza about times coming last period of the yearWhile the administration is engrossed in discussing the continuation of the measures approved in the energy crisis in the coming months, and after the contradictory statements made this Friday between the first vice president and Minister of Economy Nadia Calviño and the second vice president, the President and the Minister of Labor, Yolanda Diaz, It’s about a bank foreclosure.
Neither vice president spoke. to eliminate taxes; but in the meantime Calvino emphasize the “tuning” of its design, considering Differences The first vice president said that “there is no longer such a rapid increase in interest rates or energy prices” between the current scenario and the past, and Díaz argued that “the agreement between PSOE and Sumar” was as follows: must be fulfilled and respected.” and emphasized: “Those who have the most, They need to contribute more.” “Energy and financial utilities have very high pre-tax profit figures, so they need to contribute more than ever,” he added.
The agreement between PSOE and Sumar to form a new coalition government includes a review of both taxes with a view to “re-adapting and sustaining” them once the “current application period” ends, so that both sectors “continue to contribute to development”. tax justice And support of the welfare state“. In their first year they contributed a collection of 2.9 billion euros, some of which 1.645 million corresponded to energy companies and those 1,263 million to financial institutions. In the second case, the total amount is expected to be similar.
But specificity regarding the timing of reviewing its design also emerged after Calviño learned that he had been elected president of the European Investment Bank (EIB). The organization’s current leader is German Werner Hoyer, Term of office ends on January 1, 2024 Although the Spanish administration has not announced when the person responsible for coordinating Spanish economic policy will be replaced, it seems unlikely that this will be extended until the last half of next year.
In its current state both taxes They are, in fact, a ‘public property benefit of a non-tax nature’ and are taxed in order to try to overcome the legal obstacles to their approval in the Congress of Deputies. 4.8% interest and commission In Spain, obtained from banks with income equal to or more than 800 million Euros from these two items in 2019 and 1.2% income from energy companies Its turnover exceeding 1,000 million Euros is limited to its activities in this country.
In the case of energy taxA week ago, after Repsol announced it was freezing its ‘green’ investments in Spain and expects to gain greater visibility in the market, Head of Government Pedro Sánchez suggested the redesign would prevent it from penalizing new renewable investments. taxation Proposed by the new Government “We see that energy price It’s holding back, staying high but decreasing. And we also see that industrial projects this also needs some form of energy policy coverage to encourage, to encourage these are big investments renewable energy for these industrial projects. Therefore, we are in the phase of redesign work to see how we can promote these industrial projects,” he said in an interview on ‘Espejo Público’.