Spain. Montero wants big companies to contribute to pay the pension rise

“The government will be in tune with new taxation that is being raised from Europe and, fundamentally, by responding to taxation of 21st century, in terms of technology, environment or those issues which, today, taxation does not pick up that Activity or no such services are severed. ” In this way, Minister of Finance announced yesterday in Congress its intention to update Spanish tax system. Its intention is to gradually increase fiscal pressure to help finance increase in pensions and or social expenditures that Government has already advanced which it will address as soon as it finds budgetary margin, such as end of pharmaceutical co-payment For pensioners.

More information

  • The PP probed PSOE for large companies to pay more for companies
  • The biggest economic challenges are regional funding, pensions, employment and taxes
  • Companies may allocate 0.7% of corporate tax for social purposes

Read More: Turkey Telegraph