The employers ‘ association CEOE study the possibility of filing an appeal before the Constitutional Court against royal decree-law of rise in corporation tax that came into force last December 3, with which the Government aims to raise 4.650 million additional euros in 2017.
Juan Rosell (Photo CEOE)
This decree modifies another that came into force in 2013 and in 2015 it approved another reduction of this tax that is applied in 2015. "Something is being done wrong when you continually change what has already changed", he criticizes the entity in a report.
The businessmen believe that the continued adoption of urgent measures in matters of taxation is "incompatible with the minimum security necessary legal" in all economic activity and especially to attract foreign or domestic investors. The employer believes that the retroactivity to January 1, 2016 some modifications "is not admissible" and it is a legislative technique "very harmful" and "demonstrably improved" that "leaves you in a very bad place the image of Spain". On the other hand, remember that the use of the royal decree, "you must be the exception and not the rule" in tax laws.
The CEOE indicates that this type of measures must be announced well in advance and be pre-treated with the people involved, giving more time to receive input and leaving the parliamentary groups can propose amendments.
As pointing to THE NEWSPAPER, "the tax reform of Montoro puts pressure on the Ibex 35", to remove tax benefits on a retroactive basis. The journal notes that Sabadell and Unicaja have had to sell shares at not being able to deduct the losses.
THE COUNTRY 38/THE WORLD 23/ABC-36/THE cutting EDGE 70/THE NEWSPAPER 24,25/THE REASON 33/FIVE DAYS 25/THE ECONOMIST 30
(Text: own calculations performed based on the summary of news from the press services of Moncloa)
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