French Prime Minister Elizabeth Bourne is leaving open the possibility of a new tax on corporate “surplus profits” after lawmakers rejected the move last month. In an interview published in Le Parisien newspaper, Bourne said she would prefer alternatives to an emergency tax, such as companies cutting prices for consumers and giving bonuses to workers […]
Tag: tax
Banks: Payment of income tax with credit cards at the 3% discount until the end of August
Possibility of one-time payment of income tax with credit cards until the end of August, after the extension given, banks give. In the case of a one-off payment, which can be made in up to 12 monthly installments, taxpayers are entitled to a 3% discount as the relevant right was extended until the end of […]
France: National Assembly rejects windfall tax
France’s National Assembly rejected a tax on windfall profits in a closed vote today, as pressure mounts to tax energy and transport companies that have benefited from rising prices, Bloomberg reported. As they debated an update to this year’s budget bill, 114 members of the lower house rejected amendments that would have introduced an extraordinary […]
This year, tax cuts that support income
By Tasos Dasopoulos Revenue support with interventions of about 3 billion euros and modernization of the structures of the economy includes the package that has already been implemented for the economy since January 1, despite the uncertainty created by the double crisis pandemic and price increases in energy products. In a statement to Capital.gr, the […]
European justice endorses the 7% tax on electricity generation in Montoro
The Court of Justice of the European Union considers that the tax on the value of electricity production is compatible with Community regulations. According to a ruling published this Wednesday, the Court points out that the 2008 Directive on the general system of excise duties does not oppose a national regulation that establishes a tax […]
Personal income tax on high income, Equity, VAT on soft drinks or insurance, main tax increases in 2021
Most of the main Spanish taxes will register changes or increases in the year 2021, since the personal income tax will increase on high incomes, the exemption on dividends or capital gains of subsidiaries in Companies will be limited, it will increase 1% Equity, it will increase 10% to 21% VAT for sweetened beverages, pension […]
The Supreme Court cuts even more what municipalities can charge for capital gains tax so that it is not “confiscatory”
The Supreme Court has issued a ruling that cuts what municipalities can claim from neighbors for capital gains tax. After the Constitutional Court rejects that more than what is actually earned could be demanded, the Supreme Court rejects that all or almost all the benefit obtained can be collected. Doing so would be “confiscatory” and […]
Isabel DÃaz Ayuso accuses Pedro Sánchez from Catalonia of “confronting territories” with fiscal harmonization
Pedro Sanchez encourages “territorial confrontation” by endorsing the upward harmonization of regional taxes promoted by his preferred partner, ERC. Isabel DÃaz Ayuso has landed in Catalonia brandishing this complaint against the president of the government, whom he has accused of assuming as his own “the unjust and pernicious message that Madrid it is a tax […]
Madrid collected 3.9% more with regional taxes the year that introduced new deductions
The Madrid’s community closed the year 2019 with an increase of 3.9% in the collection of regional management taxes, the same year in which new deductions in these taxes came into effect. This has been detailed by the Minister of Finance and Public Function, Javier Fernández-Lasquetty, in the Plenary of the Assembly of Madrid, where […]
A French MEP begins a hunger strike to pressure Merkel and Macron on the European Budget
Pierre Larrouturou he is a french politician, MEP, left-wing, framed in the social democratic family. A regular voice on economic and social issues that for almost two decades has tried to influence public debate. He tried the usual channels, first collecting signatures and campaigning. Later through the traditional parties, but neither. And in the end […]