The fiscal obstacles of Montero and Calviño put the Ibex 35 on guard

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The obstacles via taxes that the economic team led by Nadia Calviño and María Jesús Montero are designing are causing the anger of companies. Large Spanish companies are not happy with the tax treatment that the Government's tax policies have been applying to them in recent years . Neither companies nor taxpayers like to pay taxes, but Spanish companies are reaching their limit and are even going to studios to explain what is happening to them. Some have already begun to carry out studies of how they would fare in other countries when it comes to making investments or paying taxes. An analysis by the Institute of Economic Studies (IEE) presented this year stated that the tax effort on Spanish income was 53% higher than the European Union average. In the case of companies , 2022 ended with a tax pressure rate of 32.5% , 8.6% more than the average for European companies.

Comparisons are always odious, but the conclusion of the IEE report is that Spain is already one of the five countries within the OECD with the worst tax competitiveness. THE TAX EFFORT ON SPANISH INCOME WAS 53% IN 2022 AND THE TAX Email Data PRESSURE ON COMPANIES WAS 32.5%, IN BOTH CASES HIGHER THAN THE EU AVERAGE The IEE report was echoed by some websites of companies and financial entities, highlighting another of the report's conclusions: the increase in tax collection should be based on an increase in tax bases and the fight against tax fraud, and not on increases in taxes. taxes that reach collection records and a fiscal pressure above the EU average, according to what appears on the Banco Santander website. by Taboolayou may like Leonor breaks the mold in the Royal House: She has left everyone with their hair standing on end! Discontent is evident among companies.



Now that they are in the process of presenting third quarter results, they are quick to explain - especially banks and energy companies - how much of their profits is allocated to paying the extraordinary tax put in place due to the effects of the war. Ukraine. As if that were not enough, the first vice president and Minister of Economy, Nadia Calviño, has justified the  extraordinary taxes  on banks and energy companies, and has been convinced that there is room for the companies that register the most profits to continue contributing more through of temporary levies on financial institutions and energy companies. "To implement measures, it is necessary for those who have the most to contribute more," she stressed. CALVIÑO PRESSURED FERROVIAL TO KEEP ITS HEADQUARTERS IN SPAIN The president of Ferrovial, Rafael del Pino, had to respond to pressure from the Government not to move its headquarters to the Netherlands The president of Ferrovial, Rafael del Pino, had to respond to pressure from the Government.