In the US Observatory report (EU Fiscal Observatory) warns that the corporation’s tax was reduced by about five points since 2014 for transnational corporations working in Spain. The reduction, which reduced the state income of our country, exacerbating a hole of about 9,000 million a year to transfer the profit of these large companies to fiscal lodges, as recently reported in another report on the tax justice network.
A study of the independent organization of the EU tax observatory with data until 2022 and published on Tuesday, it is evaluated that the reforms of recent years in the return of international companies reduced the effective type, which they pay in Spain to 24% on average. The report includes the data of almost 22,000 multinational subsidiaries with business in our country, and they admit that this average type is lower in the case of larger companies.
“Fiscal competence in the EU exerts downward pressure on the corporation tax,” and Sarah from Div Berlin, who is signed by researchers by Jules Duchept, signed by researchers by Jules Duchept.
This work, which applies to all partners in the community, comments that “it is observed that the governments of the entire political spectrum contributed to the tendencies to apply more reforms to reduce the tax base (part of the advantages of the companies for which the corporation tax is paid) than the expansion of the same.”
However, according to these experts, “political preferences seem to continue to play a role because the left governments bowed less for the use of a decrease in tax rates, and showed a more balanced share between the reforms to reduce the tax base and its expansion compared to the governments of the right governments.”
The only big tax that is not maximum
In Spain, the tax tax raised almost 40,000 million million in 2024, a report since 2007. This figure is relevant, but it is also that the advantages of companies have grown much more than income from this tribute in recent years, and that this is the only tax among those who are most raised (along with IRPF and VAT), which is not a historical maximum. The reasons are related to legal deductions and compensation and are intended to support the activities of the private sector, according to the US Observatory report, but also with a shoot from corporate profit to financial den, among which the Caribbean and Atlantic Islands are allocated, but also the Netherlands, Ireland, Switzerland or Malta.
Last week, in the report “annual progress of 2025”, which the government sent to the European Commission states that “the corporate tax experienced a remarkable growth of a good result of benefits in 2024 and the strong growth of deductions for the income of furniture capital (dividends, the interests of deposits …) and those that came from assets in investment funds” companies.
In addition, the executive document warns that “it should be noted that the collection was burdened by the negative effect of the sentences of the Constitutional Court, which declared unconstitutional, by default, some measures of the royal resolution 3/2016 and 2/2016”. That is, the reforms considered by the governments of the MPP Mariano Rahoy. “These measures, however, were again introduced in accordance with Law 7/2024,” the current government continues.
As part of the package of tax measures proposed by the Executive Director in 2024, the Congress approved the bank tax for at least three years, but rejected the tax on extraordinary benefits from energy. Partners of the nationalist rights of the coalition government joined PP, VOX and UPN against the extension of a temporary tax in Repsol, Cepsa or Naturgy, which means that the “public treasury” ceases to enter about 1000 million a year.
International taxation
In recent years, within the framework of the OECD (one of the main forums of developed economies), important advances to improve global tax coordination have been reached, an agreement was reached for the minimum type of corporation tax (which taxes benefits from companies) for multinational corporations with large income. The new President of the United States, Donald Trump, kicked these agreements, having pulled out his country from the agreement, shortly after the second time. This move questioned this basis for taxation of companies that Spain approved at the end of 2024, and intends to reduce the loss of the training camp.
The Pact “OECR is important, and the EU will continue to continue this work together with the member states and all our international partners,” said the European Commissioner for Taxing Wuple Khukstra, a few weeks ago.
The former Dutch Minister of Finance defended that this OECD agreement “guarantees that each taxpayer pays a fair part of taxes” and “will interfere with transnational corporations from moving their benefits around the world for the operation of prosecutors.” “This is not a European problem, it is international and must take care of us all,” said Huxstra, and then adds that this agreement “also establishes the minimum level” in the tax tax in order to “prevent the transformation of countries down on the descending races” in corporate taxation.
“Trump not only laid an end to the weak tax reforms of the OECD, but also actually threatens to abandon everything that was built during the last century, and return the world during the“ Baron robber ”, as caused in the nine -based strong statement after investing Donald Trump.
The congress of deputies approved this land law in 15% in societies in December 2024, as well as all EU partners made, and in accordance with 2021 to 140 countries and general jurisdiction. Its operation is understood with the help of an example: the minimum type of 15% Global is the soil in the corporate tax for Ferrovial in Spain and in the Netherlands, which prevents its transfer from one country to another, but, in addition, it is assumed that if the infrastructure group ends with paying 10% in the country of Northern Europe, our farm may claim the remaining 5%. The problem is that the United States is an important actor, and many transnational corporations are Americans.
