Wednesday 16th of January 2019
In the General State Budget Bill for 2019, the Government ratifies the anticipated tax changes a few months ago, which are already generating negative consequences for the Spanish economy by virtue of its announcement effect.
Friday 23rd of November 2018
The Government has publicized several draft laws on tax content, which will be completed with the budget bill for 2019, including upward changes in Corporate Tax. The explicit intention of this tax adventure is the financing of reckless public spending in domestic and European terms. The changes are not true, because they need parliamentary maneuvers that are not discussed here.
Friday 21st of September 2018
Just a few days ago we echoed about the controversy that the Constitutional Court and the Supreme Court were holding on account of the tax on the value of electricity production (IVPEE), when we breakfasted with the struggle between Partido Popular and the Government for being the one that would sooner plead for its suppression. If even political rivals agree that it is tax figure contrary to general interests, and that has boosted the price of electricity in Spain, there is little chance of survival in the short term.
Thursday 13th of September 2018
The Supreme and Constitutional courts maintain discrepancies regarding the Tax on the Value of Production of Electric Energy (IVPEE), which taxes the income obtained by electricity producers.The first estimates that this double taxation is unconstitutional, while the second believes otherwise. The next Supreme Court's judgment may provoke unforeseen legal surprises.
Friday 27th of July 2018
At this moment in the cycle, the relaxation of deficit targets and the high increase in the spending ceiling for the State are very risky and represent a step backwards in the implementation of the reforms that have led us to the current expansive period.