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Spain’s lower house approves tax package with three-year bank levy

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November 21, 2024
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Spain’s lower house approves tax package with three-year bank levy
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MADRID (Reuters) – Spanish lawmakers approved on Thursday the government’s new tax plans, which include an extension of a temporary levy on banks by three years and ensure that taxes for large companies comply with the EU rules.

The Socialist-led coalition government said it had reached an agreement with far-left Podemos to start working on a permanent windfall tax on energy companies before year-end or at least extending the temporary one by another year.

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