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Spanish economy 19th February 2020

Spain’s Government Gives The Green Light To The Google And Tobin Taxes

At its cabinet meeting on Tuesday, the government gave the green light to the implementation of new taxes on digital business and stock market transactions, following similar steps by other European countries. The agreement reached between Spain’s PSOE and Podemos coalition government included the approval of the two taxes, with which the Administration expects to collect about 2.050 billion euros (€1.200 Bn with the digital tax and €850 M with the financial transactions tax).

World economy 4th December 2019

OECD asks for French Google tax to be replaced by a consensus one

Tensions between France and the United States due to the so-called Google Tax worry the OECD. Washington is moving forward with retaliation tariffs that could be as high as 100% on French goods. The Organization for Economic Cooperation and Development asked all countries to accelerate the implementation of a global tax.

Spanish economy 11th October 2018

Forget Tax Collection, Guaranteeing Spanish Pensions Means Reforming The System Itself

The Spanish Ministry of Finance rules out a new specific tax hypothecated to finance pensions. In fact, the majority of developed countries has reformed their pensions systems basing them on various pillars (public/private; obligatory/voluntary) especially the nordic countries. Only Italy, Portugal, Greece and Spain maintain a pensions system based solely on obligatory social security contributions.

Spanish companies pay more taxes than the EU28 average

Spanish economy 27th September 2018

Spanish Firms Make Tax Contribution Above EU Average

Spanish companies pay more taxes than the EU28 average despite the reduction in their number during the crisis and that only 45.3% of the total registered profits in 2015.

Spain will impose a 5% tax on foreign and Spanish companies’ digital services

Spanish economy 29th May 2018

Spain To Introduce The First “Real” Digital Tax In The EU

The Treasury will impose a 5% tax on foreign and Spanish companies’ digital services. This new tax will be on the intermediary services and the publicity and sale of digital data up to 5% of the turnover of all companies which offer these services in Spain.

Trump’s tax plan is welfare for the wealthy

World economy 4th December 2017

Trump’s Tax Plan: Welfare for the Wealthy

Why do Americans think Trump’s tax plan will benefit them if even Treasury secretary, Steven Mnuchin, referred to the projected economic growth of up to 6%, as “optimistic”?

World economy 28th November 2017

Is Trump’s Tax Plan Really Serious?

Donald Trump’s tax plan, which is now being debated in the Senate, states very seriously that its effect will be to multiply investment and jobs. That’s up for discussion, given that the US has probably reached its maximum potential, namely in terms of GDP without inflation and the jobless rate is at 4%.

Interviews 19th May 2017

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