PSOE and Sumar agree on a base text on which to support the tax reform that the Government had committed to Brussels within the structural fiscal plan and in the fifth tranche of ‘Next Generation’ funds. The coalition partners agree to maintain the permanence of the banking tax, which will pass into the hands of the CCAA who will be able to introduce bonuses, in exchange for increasing the maximum personal income tax rate by two points for capital income over 300,000 euros, and imposing new environmental taxes on private planes, luxury cars or yachts, with which Sumar aims to earn 250 million euros.
The package of fiscal measures will be introduced through a battery of transactional amendments, which should have been voted on today in the Finance Commission, which has finally been postponed before the signing of the minimum agreement to which ERC and Bildu have not yet joined, groups necessary to guarantee its approval. PSOE and Sumar will now seek to convince these two groups, with the intention of taking the final text to Congress in the coming weeks.
The principle of agreement, on which the coalition partners will negotiate with Basque and Catalan independentists, also includes taxing homes for tourist use with a VAT at 21%. Something that both ERC and Bildu defend, but that has the objections of PNV and Junts.
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