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.
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.
Bizum handles about 2.5 million transactions a day in Spain, according to figures attributed to the Banco de España. Labels such as «donación» or «nómina» can have tax implications if transfers are not properly supported.
A second appraisal commissioned in the jewellery inquiry values the seized pieces at €1.02 million. Yanes says the most useful lots were made after the alleged 2007 gift, although it cannot identify their exact year of manufacture.
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.
At a campaign event in Fuerteventura, PP spokesperson Ester Muñoz framed the 29 November election as a choice between Pedro Sánchez’s interests and those of Spaniards. She pledged tax cuts focused on the most vulnerable if the PP enters government.
At a Valencia campaign event, Alberto Núñez Feijóo promised a smaller government and an audit of public spending. He also pledged to exempt people earning the minimum wage from IRPF if he wins the election.
With the 29 November election approaching, parties have until 26 October to register candidates. Most polls apart from the CIS project a comfortable PP-Vox majority, while Feijóo is promising a smaller government and tax relief for minimum-wage earners.
Yolanda Díaz has accused Alberto Núñez Feijóo of misrepresenting the tax treatment of Spain’s minimum wage. She says SMI earners and pensioners with incomes below €21,000 do not pay IRPF after government tax deductions.
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%.
Spain’s Supreme Court has allowed a parent in a shared-custody case to claim the descendants’ minimum alongside tax relief for court-ordered child support. The benefits must be coordinated by periods of cohabitation and absence.
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.
El Palmar de Troya recorded the lowest gross average income per tax return in Seville province in 2024: €16,078. It ranked tenth-lowest in Spain, while Tomares led the province at €41,622.
Spain’s new income map uses 2024 personal income tax returns to show gross average household income in more than 36,000 census sections. The figures expose sharp gaps within cities and across regions.
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.
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.
Economy expects Financia Europa to raise tax revenue by shifting savings into investments. Providers cannot market the account until tax-reporting rules take effect and their products are ready.
Spain’s tax agency is pressing banks to flag hefty ATM withdrawals and deposits. Cash movements of one thousand euros or more trigger client identification, while amounts of three thousand euros can prompt a deeper probe.
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.
Leaving a property empty in Spain is far from free. New figures put the annual cost at up to 5,000 euros, with upkeep and taxes, alongside community fees, quickly adding up. Many owners underestimate the financial impact of keeping a home unoccupied.
The Spanish government has postponed the Verifactu digital invoicing system for a third time, aligning its start with electronic invoicing rules in 2028. The move follows sustained pressure from business groups and tax advisors seeking a unified transition.
The Spanish Tax Agency has postponed the full rollout of Verifactu until October 2028, aligning it with the new electronic invoicing mandate. The move follows months of industry lobbying and signals a shift in Spain’s digital tax agenda.
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.
A Spanish lawyer has outlined a legal method that could allow families to transfer property to heirs while reducing inheritance tax. The approach, donating bare ownership while retaining lifetime usufruct, is drawing attention for its potential impact on how inheritances are handled.
Joan Baldoví, a leading figure in Compromís, reported personal wealth of over 638000 euros and multiple properties as he left Madrid to run for office in Valencia. His declaration contrasts sharply with his party’s stance on inherited wealth.
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.
Madrid is launching a new zero rate for self-employed retirees and additional support for freelancers on parental leave. The region is seeking to stay ahead as Spain’s economic leader.
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.
No ticket won La Primitiva’s top prize. The next draw will offer 28.5 million euros, while four bets secured 49,200 euros each.
Spain’s government is racing to secure Junts’ support for a new antieviction decree after the forced removal of 87-year-old Maricarmen Abascal triggered nationwide protests. Junts demands sweeping tax relief on rent and home purchases as a condition for backing the plan.
The jewels are valued at 1.3 million euros. Zapatero says they were a gift from Saudi King Abdullah in June 2007. Vicente Vallés questions whether that explanation can withstand scrutiny.
José Luis Rodríguez Zapatero told a judge that Saudi King Abdalá bin Abdulaziz gave him the jewels in 2007. Investigators are examining their value and how they entered Spain, as well as their tax treatment.
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.
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.
Inflation in the Balearic Islands reached 4.4% in August, slightly above Spain's 4.3%. The PP wants lower energy taxes and relief on basic food, plus stronger transport compensation for the islands.
Diesel has risen 68% before tax since the war began. Tax relief has softened the increase for drivers, but transport groups are demanding fresh support before the current measures expire.