Taxes 279 news

Colau proposes annual wealth tax of up to 3%

Ada Colau says the Frente Amplio would tax fortunes above €1 million at 2% a year and raise the rate to 3% for assets above €50 million. The party estimates about 231,000 people would be affected.

Feijóo blames Sánchez for Barcelona unrest

Saturday-night unrest in Barcelona left more than 120 people injured, including at least 14 police officers. Alberto Núñez Feijóo blamed Pedro Sánchez and pledged one million homes and tax cuts.

Castilla y León defends tax on large solar parks

Castilla y León says its new levy on large solar parks is intended to keep more economic benefit in host areas. Rooftop systems and plants under 50,000 square metres are exempt; local investment agreements can cut the tax by 30%.

Witness dates Zapatero jewel-payment claim to 2019

A witness told Spain’s anti-corruption prosecutors that jewels linked to José Luis Rodríguez Zapatero were delivered in 2019 as alleged payment for Saudi rail contracts. The statement values them at more than €4 million.

Bustinduy presses for fairer taxes and higher wages

Pablo Bustinduy used the CREO forum’s second day to press for fairer taxes and higher pay. He warned that corporate concentration and rising wealth at the top are weakening redistribution and consumer bargaining power.

Spanish Mechanic Builds Gold Coast Business in Four Years

José Miguel Olegario launched a mobile repair business in Australia six months after arriving. He now runs a workshop and a car sales operation, and points to one major difference from Spain: there is no fixed self-employed fee.

AWS shifts Aragón tax payments to local councils

AWS will shift its municipal IAE payments in Aragón from Madrid to the towns hosting its data centres. The company will also make retroactive payments covering the 2023 to 2026 tax period after pressure from local authorities and businesses.

Government tax push on socimis delivers minimal revenue impact

Spain’s latest attempt to tighten taxes on real estate investment companies would have raised less than ten million euros a year, information from an analysis of the so-called Maricarmen decrees. The measures would affect only a handful of residential-focused socimis, despite the political rhetoric surrounding them.

Electric cars in Spain face future tax shakeup

Electric vehicles in Spain currently enjoy tax exemptions, but a new UK law signals a shift. With battery-powered cars set to be taxed by distance driven, the debate over fair contributions to public coffers is heating up.

Spain faces hidden risks as tax revenue outpaces real growth

Spain’s tax revenue is rising far faster than real economic growth, driven by inflation and higher VAT and income tax collections. Analyst Marc Vidal cautions that this apparent strength could conceal structural weaknesses with long-term consequences.

Japan considers charging motorcyclists by the kilometer

Japan may scrap its long-standing gasoline tax and switch to a per-kilometer charge for cars and possibly motorcycles. The proposal has raised concerns about higher costs among people who rely on vehicles for work and daily life.

Zapatero names Saudi king as source of seized jewels

José Luis Rodríguez Zapatero says the most valuable jewels found in his office were a personal gift from Saudi King Abdullah bin Abdulaziz al-Saud. His defence wants judicial cooperation to confirm the account and challenge the valuation.