economy and politics

The Government promises ERC and Bildu to extend the energy tax to save the tax on multinationals

The Government promises ERC and Bildu to extend the energy tax to save the tax on multinationals

Podemos says that the agreement is not valid if Junts votes against it and insists on its rejection of the Government’s bill

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The Government has committed to ERC, EH Bildu and BNG to extend the tax on energy companies for another year to save the bill that includes a new global minimum tax of 15% for multinational companies.

In a joint statement and after hours of negotiation in the Congressional commission where the tax on multinationals is debated, the three partners of the Executive have reported the Government’s promise to present a decree that extends the tax on multinationals throughout 2025. the energy companies, which the PSOE had agreed to let die on December 31 at the request of Junts.

In fact, in the Finance Commission the socialists have prevented proposals from left-wing partners such as Sumar, Podemos, ERC, BNG or EH Bildu to reissue the tax on energy companies, adding their votes to those of PP and Vox.

The Executive’s promise, which now has to materialize, occurred late this Monday due to the possibility of the decline of the multinational tax bill, which was born as a European Directive required by Brussels and on which it depends a disbursement of 11,000 million euros of European funds.

COMMITMENT TO APPROVE THE BANK TAX

But the Government’s commitment also includes a promise to approve the bank tax in its processing of the multinational tax bill, which will pass its committee process this Tuesday and go to the plenary session on Thursday.

And the fact is that, in this Monday’s commission, the PSOE has not managed to succeed in the transformation of the banking tax into a tax that, in accordance with what was agreed with the PNV, the provincial treasuries were going to manage. Nor has the increase in diesel prices and the tax reform of the Listed Real Estate Investment Companies (SOCIMI) that had been agreed with Sumar been approved.

Now, the idea of ​​the groups that have reached a new agreement with the Government is to increase the highest bracket in the tax, directing all the collection to the autonomous communities and in agreement with the provincial treasuries of the Basque autonomous community and the regional community. of Navarre.

ERC, Bildu and BNG celebrate that a “balanced” agreement has been achieved between different forces that say they have overcome “obstacles and differences.”

In his opinion, this decision will allow progress towards “greater justice and fiscal progressiveness.” “ERC, EH Bildu and BNG will work to ensure the validation of this decree as soon as possible and call on the Government from today to provide the necessary support,” the formations conclude.

WE CAN SEE IT “WET PAPER”

But Podemos has warned that this agreement, if it does not have guarantees that Junts will also support it, is “wet paper.” “It is very good that the government commits to extending the tax on energy companies with ERC and Bildu, but without guarantees that Junts will also support it, it is little more than a dead letter,” said the general secretary of the ‘purple’ party, Ione Belarra.

Through a message published on the social network X, formerly Twitter, Belarra has asserted that Podemos will only support this tax reform if the tax is really maintained.

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