Agreement within the Government on tax issues. The PSOE and Sumar reached an agreement remove the VAT exemption from which private health insurance now benefits and create a new tax on luxury goods. Likewise, and as we learned last week, the Executive is considering establishing a new tax on banks, although it will not make the tax on energy companies permanent.
The PSOE proposal – designed by the Ministry of Finance – mitigated the impact of the bank taxwhich Sumar initially refused to do. But today it seems that the people of Yolanda Díaz have decided to accept the new fiscal concept of the socialists.
The announcement came a few minutes later dismissal from the Congressional Finance Committeewhich was going to debate this Monday the tax package introduced by amendments to the law on the minimum rate for multinationals, so everything indicates that an agreement has not been found with the rest of the groups.
According to a Sumar press release, the agreement with the Socialists also increases personal income tax by two points for capital income above 300,000 euros, introduces a 21% VAT for tourist apartments and abolishes the special Socimis regime (Limited Investment Companies Listed on the Real Estate Market), which were until now taxed at 1% of corporate tax.
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