Post by account_disabled on Mar 6, 2024 3:09:52 GMT -5
The Technicians of the Ministry of Finance (GESTHA) estimate that the application of the minimum rate of on the tax base of large companies will only raise 260 million per year, below the million annually that would be achieved if the tax were required on the positive accounting result, according to the calculations of the Fiscal Observatory of the European Union; after this measure has been included in the bill for the General State Budgets (PGE), approved this morning in an extraordinary Council of Ministers. Technicians value this unprecedented measure in recent decades as a first step. However, they consider it insufficient to replace in the medium term the revenue lost in the last 15 years in the Corporate Tax , the only state tax that has not had tax increases since then, unlike the two increases in Personal Income Tax and VAT and the increases in special taxes, and the only tax that has not recovered the collection prior to the previous economic crisis. Gestha attributes the.
Drop in the collection of Corporate Tax to large business groups , which bear an effective rate of 6.6% in these 15 years, 10 points less than the rest of the companies, mainly SMEs. Those responsible for the collapse of Corporate Tax revenues in the last 15 years In the CCAA common regime Source: Technicians from the Ministry of Finance, Gestha, based on data Australia Phone Number from AEAT For this reason, technicians trust that, during the parliamentary process, this measure will adapt to the decision on the minimum taxation of multinationals agreed upon at the OECD/G20 meeting scheduled for the end of this month. In this way, in his opinion, it would prevent at least 45 Spanish multinationals from paying only tax on a profit of million. Effective accrued rate of 112 multinationals with Spanish headquarters 12Net and non-gross results, which distorts the calculation of the effective rate on profit by including the losses of subsidiary companies. Amounts in millions of euros Source: AEAT In this context, Gestha reiterates its request to the Government to transpose.
Recent Directive on Public Reports on the Taxation of Multinationals Country by Country so that it is required in the years that begin from January 2022, and multinationals pay taxes Better not to lose reputation. Likewise, the technicians reveal that Ireland, the Netherlands, Luxembourg, Belgium and Malta are the main recipients of the benefits of Spanish multinationals, and they propose that the Ministry of Finance monitor the behavior of Spanish multinationals in Sweden, Denmark, Finland, Cyprus, Lithuania, Slovenia and Latvia , which, either due to their low effective rates or due to the small number of workers, reveal high profitability per employee.They have also spoken out against everything related to Historical Memory and have never openly renounced the period of the dictatorship. His desire to bring together the entire right, even the most extreme, has led him to radicalize his positions, preventing any progress in constitutional modernization. The defense of federalism should not only be the.
Drop in the collection of Corporate Tax to large business groups , which bear an effective rate of 6.6% in these 15 years, 10 points less than the rest of the companies, mainly SMEs. Those responsible for the collapse of Corporate Tax revenues in the last 15 years In the CCAA common regime Source: Technicians from the Ministry of Finance, Gestha, based on data Australia Phone Number from AEAT For this reason, technicians trust that, during the parliamentary process, this measure will adapt to the decision on the minimum taxation of multinationals agreed upon at the OECD/G20 meeting scheduled for the end of this month. In this way, in his opinion, it would prevent at least 45 Spanish multinationals from paying only tax on a profit of million. Effective accrued rate of 112 multinationals with Spanish headquarters 12Net and non-gross results, which distorts the calculation of the effective rate on profit by including the losses of subsidiary companies. Amounts in millions of euros Source: AEAT In this context, Gestha reiterates its request to the Government to transpose.
Recent Directive on Public Reports on the Taxation of Multinationals Country by Country so that it is required in the years that begin from January 2022, and multinationals pay taxes Better not to lose reputation. Likewise, the technicians reveal that Ireland, the Netherlands, Luxembourg, Belgium and Malta are the main recipients of the benefits of Spanish multinationals, and they propose that the Ministry of Finance monitor the behavior of Spanish multinationals in Sweden, Denmark, Finland, Cyprus, Lithuania, Slovenia and Latvia , which, either due to their low effective rates or due to the small number of workers, reveal high profitability per employee.They have also spoken out against everything related to Historical Memory and have never openly renounced the period of the dictatorship. His desire to bring together the entire right, even the most extreme, has led him to radicalize his positions, preventing any progress in constitutional modernization. The defense of federalism should not only be the.