Spanish tax revenues will increase by €5.6 billion in 2020 as the country moves to introduce a digital services and financial transactions tax, the government announced.
The newly re-elected Socialist government submitted its new four-year stability programme to the European Commission, which envisages a wide range of new taxation measures. The net effect on revenue is expected to be €1.7 billion from corporate tax exemptions, €1,2 billion from a levy on digital services and €850 million from a...
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