INTIEASpain · Temporary tax on financial institutions and electricity, gas and oil companiesPolicyIn force

Temporary tax on financial institutions and electricity, gas and oil companies

In response to the global energy crisis, the Spanish government enacted a temporary tax on the domestic revenues of financial institutions as well as on most important energy company windfall profits. Both tax instruments are expected by the Central Bank to bring revenues worth…

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Country / jurisdiction: Spain · Year: 2023 · Status: In force · Level: National · Type: Voluntary

In response to the global energy crisis, the Spanish government enacted a temporary tax on the domestic revenues of financial institutions as well as on most important energy company windfall profits. Both tax instruments are expected by the Central Bank to bring revenues worth EUR 2 billion in 2023.

Official source: https://www.boe.es/boe/dias/2022/12/28/pdfs/BOE-A-2022-22684.pdf

Source

https://www.iea.org/policies/16038

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