Showing 1 to 12 of 21 results
Spanish Tax Revenue Reaches Record High in July 2024
Spain's July 2024 tax revenue hit a record high, exceeding expectations due to increased income tax payments, particularly from capital gains and property transactions, despite the government's failure to adjust tax brackets for inflation.
Spanish Tax Revenue Reaches Record High in July 2024
Spain's July 2024 tax revenue hit a record high, exceeding expectations due to increased income tax payments, particularly from capital gains and property transactions, despite the government's failure to adjust tax brackets for inflation.
Progress
44% Bias Score
Spain's Minimum Wage Tax Dispute Leads to Temporary Compromise
Spain's government reached a temporary compromise on minimum wage taxation for 2025, delaying tax refunds to approximately 20% of minimum wage earners after a dispute between the Ministry of Finance and the Ministry of Labor; the agreement's lack of future provisions and lack of prior social dialogu...
Spain's Minimum Wage Tax Dispute Leads to Temporary Compromise
Spain's government reached a temporary compromise on minimum wage taxation for 2025, delaying tax refunds to approximately 20% of minimum wage earners after a dispute between the Ministry of Finance and the Ministry of Labor; the agreement's lack of future provisions and lack of prior social dialogu...
Progress
52% Bias Score
Spanish Coalition Averts Tax Dispute with Targeted Minimum Wage Deduction
Spain's PSOE and Sumar parties reached a deal to introduce an income tax deduction for approximately 480,000 minimum wage earners, averting a larger tax burden due to the 2025 minimum wage increase. The agreement, costing about €200 million, resolves a recent political dispute between government min...
Spanish Coalition Averts Tax Dispute with Targeted Minimum Wage Deduction
Spain's PSOE and Sumar parties reached a deal to introduce an income tax deduction for approximately 480,000 minimum wage earners, averting a larger tax burden due to the 2025 minimum wage increase. The agreement, costing about €200 million, resolves a recent political dispute between government min...
Progress
40% Bias Score
Spanish Coalition Divided Over Minimum Wage Tax
Spain's coalition government is deeply divided over a new law requiring minimum wage earners to pay income tax, causing a political clash between the socialist PSOE and the left-wing Sumar coalition, despite a public display of unity.
Spanish Coalition Divided Over Minimum Wage Tax
Spain's coalition government is deeply divided over a new law requiring minimum wage earners to pay income tax, causing a political clash between the socialist PSOE and the left-wing Sumar coalition, despite a public display of unity.
Progress
60% Bias Score
Spanish Coalition Divided Over Minimum Wage Taxation
The Spanish government coalition is deeply divided over taxing the newly increased minimum wage (€1,184/month), with Sumar opposing it while PSOE defends it as contributing to public services, leading to four days of public disagreement and regional governments preparing compensatory measures.
Spanish Coalition Divided Over Minimum Wage Taxation
The Spanish government coalition is deeply divided over taxing the newly increased minimum wage (€1,184/month), with Sumar opposing it while PSOE defends it as contributing to public services, leading to four days of public disagreement and regional governments preparing compensatory measures.
Progress
56% Bias Score
Spanish Government Faces Backlash Over Minimum Wage Tax Decision
Spain's Ministry of Finance's refusal to adjust the IRPF following a SMI increase sparked political backlash from coalition partners and opposition parties, despite Spain having the EU's lowest tax rate on low incomes (6.7%) according to Eurostat and Eurofound data.
Spanish Government Faces Backlash Over Minimum Wage Tax Decision
Spain's Ministry of Finance's refusal to adjust the IRPF following a SMI increase sparked political backlash from coalition partners and opposition parties, despite Spain having the EU's lowest tax rate on low incomes (6.7%) according to Eurostat and Eurofound data.
Progress
48% Bias Score
Spanish Tax Deadline: Penalties for Late Filings Vary Widely
Spanish taxpayers have until June 30th to file their 2024 income tax returns, with penalties for late filing varying from a 1% surcharge to a 150% increase on the amount owed, depending on the circumstances and whether the tax return results in a refund or payment to the tax agency. As of June 2nd, ...
Spanish Tax Deadline: Penalties for Late Filings Vary Widely
Spanish taxpayers have until June 30th to file their 2024 income tax returns, with penalties for late filing varying from a 1% surcharge to a 150% increase on the amount owed, depending on the circumstances and whether the tax return results in a refund or payment to the tax agency. As of June 2nd, ...
Progress
56% Bias Score
Spain to Reinstate Single Tax Refunds for Former Mutual Society Retirees
The Spanish Treasury announced it will reinstate single-payment refunds for approximately €6 billion in overpaid income tax owed to retirees of former mutual societies, reversing a December 2024 decision due to a high volume of claims, as per a 2023 Supreme Court ruling.
Spain to Reinstate Single Tax Refunds for Former Mutual Society Retirees
The Spanish Treasury announced it will reinstate single-payment refunds for approximately €6 billion in overpaid income tax owed to retirees of former mutual societies, reversing a December 2024 decision due to a high volume of claims, as per a 2023 Supreme Court ruling.
Progress
24% Bias Score
Spain's 'Cold Progressivity': €9.75 Billion in Unintended Tax Revenue
Spain's inflation from 2021 to 2024 created a 'cold progressivity' effect, generating €9.75 billion in extra tax revenue due to non-indexed income tax brackets, disproportionately impacting middle-income earners who paid an average of €458 more.
Spain's 'Cold Progressivity': €9.75 Billion in Unintended Tax Revenue
Spain's inflation from 2021 to 2024 created a 'cold progressivity' effect, generating €9.75 billion in extra tax revenue due to non-indexed income tax brackets, disproportionately impacting middle-income earners who paid an average of €458 more.
Progress
36% Bias Score
Fedea Proposes Overhaul of Spain's Autonomous Financing System
Fedea proposes reforming Spain's 2009 autonomous financing system, focusing on greater regional control over the IRPF to enhance fiscal responsibility and transparency, while exploring similar options for VAT and corporate tax, balancing regional autonomy with national financial stability.
Fedea Proposes Overhaul of Spain's Autonomous Financing System
Fedea proposes reforming Spain's 2009 autonomous financing system, focusing on greater regional control over the IRPF to enhance fiscal responsibility and transparency, while exploring similar options for VAT and corporate tax, balancing regional autonomy with national financial stability.
Progress
20% Bias Score
Spain Debates Minimum Wage Tax Amid Inflationary Pressures
The Spanish government is debating whether minimum wage earners should pay income tax, highlighting a conflict between social support and tax contribution; the debate reveals a broader issue of declining purchasing power due to inflation and unchanged tax brackets since 2015, impacting all workers.
Spain Debates Minimum Wage Tax Amid Inflationary Pressures
The Spanish government is debating whether minimum wage earners should pay income tax, highlighting a conflict between social support and tax contribution; the debate reveals a broader issue of declining purchasing power due to inflation and unchanged tax brackets since 2015, impacting all workers.
Progress
52% Bias Score
Spanish Government Divided Over Minimum Wage Tax
Spain's ruling coalition is facing a major crisis over the decision to tax the minimum wage for the first time, causing a clash between the PSOE and Sumar, along with other opposition parties, with each side citing economic and social justice arguments. This occurs after a 61% increase in the minimu...
Spanish Government Divided Over Minimum Wage Tax
Spain's ruling coalition is facing a major crisis over the decision to tax the minimum wage for the first time, causing a clash between the PSOE and Sumar, along with other opposition parties, with each side citing economic and social justice arguments. This occurs after a 61% increase in the minimu...
Progress
44% Bias Score
Showing 1 to 12 of 21 results