2015 will be a year of change from a fiscal point of view. While there will be many fiscal reductions, there are areas where taxation rates will increase. Below is an overview of these changes
Tag Archive for fiscal reform
Spanish Fiscal Reform 2014
by Maria Teresa Velasco •
On the 20th June 2014 the government published a draft for a package of fiscal reforms intended to decrease the level of fiscal pressure on the Spanish economy. The general level of income tax will be lowered, both for companies and individuals, however as many tax allowances are to be abolished, there will be situations where this new law will effectively increase fiscal pressure.