MADRID – Spain to pass ‘Google’ and ‘Tobin’ national taxes

The left-wing coalition government of PSOE and Unidas Podemos/United We Can will approve today (18 February) a tax on financial transactions, as well as one on digital services, government sources told EURACTIV’s partner EFE on Monday.

Spain’s Minister of Finance, María Jesús Montero, already informed last week that these two new bills were ready for approval in the Council of Ministers and then to begin the necessary parliamentary procedures in the Parliament.

The Spanish government has promised the European Commission that it will reduce the deficit, and announced a package of new measures, among them these two new taxes, to obtain more resources.

The previous conservative government of the Partido Popular (Popular Party) also tried to put in place similar measures, but the political instability in the country delayed the procedures. (EuroEFE.EURACTIV.es)

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