El Pais. #Catalonia defies #Madrid in approving new tax on bank deposits. 18 dec 2012

Catalonia defies Madrid in approving new tax on bank deposits

 

Consulta la portada de la edición nacional de EL PAÍS del miércoles 19 de diciembre de 2012  »

REGIONAL FINANCES

Region aims to raise 500 million euros from the levy

MIQUEL NOGUER

In defiance of the central government, the Catalan administration on Tuesday approved a tax on bank accounts from which it hopes to take in 500 million euros a year.

In legislation accompanying the state budget, the central government also included a national tax on bank deposits, but with a zero rate. The aim of this was to prevent the regions from having their own such tax, as was the case of Extremadura, the Canary Islands and Andalusia.

Read the full article here.

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Posted on December 19, 2012, in BY COUNTRY, BY DATE, BY LANGUAGE, BY SOURCE, Catalonia, December 2012, El País, English. Bookmark the permalink. Leave a comment.

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