This Monday, the ERC parliamentary group forced the postponement of the debate on tax reform in the Congress of Deputies after a clash with the PSOE over the tax on energy companies. The Finance Committee will finally be held on Thursday, which allows the Government’s partners to gain time to continue negotiations. Of course, the “package [o reforma] financial year 2025” will no longer be voted on in plenary session on the same Thursday.
This Monday, just before the start of the Finance Commission, scheduled for 4:30 p.m., the PSOE and Sumar reached an agreement on the tax on banks, a new tribute to luxury and an increase in capital income. However, the pact to which elDiario.es had access does not include anything on energy.
“Esquerra Republicana informed the PSOE of its vote against this bill. Any measure aimed at favoring banks and electricity companies will not find our support. The PSOE must negotiate again,” defended the ERC. The reality is that, despite parallel agreements to support Junts, PNV and Sumar to obtain the opinion at least in committee, neither ERC, nor EH Bildu, nor Podemos are willing to vote for a text that does not make permanent the tax on electricity companies.
The Republicans warned that they would reject the decision this Monday and that is why the PSOE asked the Commission to cancel this Tuesday’s vote in order to avoid a premature defeat. With this move, the inauguration bloc has a few more days to negotiate but it will delay the entire parliamentary procedure which was to end on Thursday with the plenary vote.
Everything started after a negotiation in the last hours which crystallized in an agreement between the PSOE and Sumar. Those of Yolanda Díaz also asked for the maintenance of the tax on electricity companies, but this point does not appear in the adopted text. This pact effectively provides for a minimum tax of 15% on the profits of multinationals and large companies, “which is a historic demand of progressive forces and which will finally be achieved with the transposition into our legal system of the community directive resulting from the agreements of the Pillar. Two from the OECD”, defends the PSOE-Sumar pact.
Also regarding businesses, the document to which elDiario.es had access incorporates the desire to “solve the problems generated by the failure of Montoro’s tax reform”. [el ministro de Hacienda del Gobierno del PP de Mariano Rajoy] and advance the recovery of large companies and groups of companies by limiting their possibilities for deducting losses and repatriated dividends, or the possibilities for consolidating groups of companies in relation to corporate taxes.
