Corporation tax collection reaches bubble level for higher business purposes | The economy

Los Tax income In Spain they grew up in 2024 More than 8% annualTill touched Historical record is 295,000 million euros. All great taxes – IRPF, VAT, Societies and Specials – Although they provide their sand grain to get these numbers, it is very high that it affects 11.5% and 39,096 million euros compared to 2023. This is the highest number of this tax number has been recorded for nearly two decades because you have to go back to the period before the spread of real estate bubble.

In 2006, from income Company tax They reached 37,000 million euros, increased to 44.8 billion a year later. However, the collection fell more than 60% from the 2008 financial crisis, and in that long recession’s hardest years, they reached 16,000 million euros, and then recovered very slowly. A similar story in 2020, a health crisis that is connected to Kovid -19. Then, business revenues fell to 15,800 million, although the posterior rebound was fast and gross.

All these were also occurred despite the recognition of regulatory and management changes in 2024, according to the tax agency of its monthly collection report published on Monday, all data was collected.

According to the agency headed by the Ministry of Finance, the growth of the procurement in 2024 was “limited by the impact” of the range of control and legal changes, with the corporation removed about 2.2 billion euros. In this rebellion for income, the company’s canceling the company’s tax reform highlights the PP government in 2016, The Constitutional Court decided in January 2024. Without these Setbacks and changesThe increase in public income in this tax is 18%, almost seven points higher than the final data. Therefore, the tax agency provides that the net benefits of the remaining companies after accounts with the Treasury will increase by more than 13% in 2024.

The advantage of declared in partial payments by large companies and groups (which is the advance of the companies to pay for the Treasury), increased by more than 12%, in the first place almost 15% and more than 11% in seconds. The agency’s reasons that “the increase in these partial payments (about 11%) is in line with those purposes, and logically, a higher weight part of the tax, the results of the entire toy.”

In relation to the IRPF, revenue in the last year reached 7.6%and 129,408 million. However, this is also influenced by tax control changes, which means that the loss of about 3.2 billion is calculating the agency. In this way, without this effect, “an increase in income is 10.2%, home income is suitable for an increase of 8.5%, and an effective type of increase from wages and pensions.”

As the agency describes, the increase in income is basically, based on the increase in employment and wages and the positive consequence of withholdings from work and furniture capital returns. However, other agencies such as the Bank of Spain, Fiscal Authority or Funkas have recently highlighted influence and inflation on inflation revenue and The effect of cold progressiveA phenomenon that occurs when the tax scale is not updated with CPI. However, the agency focuses on the government’s range of actions implemented Increase in reduction due to work yieldsIt removed about 1.5 billion from public boxes.

Excited, in this report, there is an income loss of nearly 600 million in the solidarity tax of Great Fortunes, The re -activation of the equity tax To stay in their boxes with money through autonomous communities, otherwise, go to the central administration.

With regard to indirect taxes, VAT income increased by 7.9%. On the one hand, the final cost of the tax has increased by 6%. On the other hand, we must look at the progressive removal of type sales in fuel products until it reaches income growth, with a positive effect on the presence of other actions (postponement, income and unusual returns), with a positive effect on the presence of other actions. Overall, all these items have increased the collection to over 1.7 billion.

As a result, the income increase from special taxes is 6.6%. It should be considered, the report stands, which seized the power tax in 2024, “September 2021 has been reduced to 5.11% to 0.5% to compensate for the increase in the price of remains from 2021.” In addition, there are 12 months of reserved plastic containers tax introduced in 2024. “If the procurement is corrected for these two reasons, the revenue increases are only 1.7%,” the agency said.