The government agrees ‘in extremis’ with ERC, BNG and Bildu to extend the tax on energy companies in an attempt to save its tax reform

The government agreed ‘at the last minute’ with ERC, Bildu and BNG extend the tax on energy companies throughout 2025 in exchange, these parties safeguard the decree of the law aimed at establishing a minimum tax on multinationals and, if successful, support the PSOE amendment aimed at extending the bank tax for three years.

ERC and Bildu had threatened to reject the bill if the tax on energy companies was not included, which Junts categorically rejects, but they now accept the commitment to extend it only one year by royal decree-law. The vote on the opinion was postponed this Monday until eleven o’clock in the evening so that the parties could continue negotiations, but it has not yet taken place.

In any case, it will move forward because, in the hypothetical case that Junts rebels against this agreement, its votes in committee, as well as those of the PP and Vox, they do not surpass those of the rest of the parties. Yes, he could overturn it during Thursday’s plenary session, where the three together have an absolute majority.

[HABRÁ AMPLIACIÓN]