The PSOE and Sumar have agreed on a fiscal package for 2025 that creates new taxes and modifies some existing rates. Among the most notable measures of this tax pack are the increase in VAT for tourist apartments, the creation of a new tax on luxury goods, or the end of the current tax regime for listed public investment companies in the real estate market (SOCIMI ).
The agreement comes after the confrontation that both partners have had in recent weeks over the need to undertake a major tax reform. At the end of October, the socialists agreed with Junts to drop the tax on large energy companies, which expires on December 31.
In addition, they also agreed with the Catalan party and the PNV to convert the banking tax into a progressive tax (depending on the size of each entity), which takes into account the evolution of interest rates and the accounts of the entities to which the time to set the rate, and that it be agreed with Euskadi and Navarra.
In the agreement reached this Monday between Sumar and the PSOE, these two measures are consolidated (the non-renewal of the tax on electricity companies and the transformation of the banking tax into a tax). Sources familiar with the negotiation explain that this is the only way to guarantee the approval of the fiscal package in the Congress of Deputies, a Chamber in which the Government is in a minority.
((There will be an extension))
#PSOE #Sumar #agree #increase #VAT #tourist #rentals #luxury #tax #SOCIMI #tax #regime
