Warning from the Treasury to self-employed workers, cultural professionals

jasiyajuhi56856

Hoteliers who threaten fiscal insubordination after the VAT increase: “We are going to be inflexible, the State coffers are in a critical situation” Strong notice from the Treasury to self-employed workers, professionals from the world of culture and businessmen in the tourism sector who are considering a tax liability after the VAT increase. There will be no going back on the tax increase because the situation of public accounts is very critical. Treasury sources, Minister Montoro will listen to the demands of the groups most affected by the latest tax increase in the coming weeks , but he will not modify it one millimeter . “A strong tax increase has not been approved, which is very difficult for us to administer, to rectify after a few weeks ,” they explain. Furthermore, they assure that a softening of VAT rates or lowering personal income tax withholdings is unthinkable right now given the critical situation of the public coffers .

In the Treasury they remember that the tax increase is imposed by the European Commission . They also highlight that its application has been delayed as much as possible "due to the resistance of the minister, who knows better than anyone the secondary effects of such a measure on growth and consumption, but at this moment, there Middle East Mobile Number List is no alternative to the collapse of the income of the State ”. Tax insubordination is considered Film and culture entrepreneurs , business and self-employed organizations , liberal professionals and the tourism and hospitality industry have cried foul after the VAT increase . They have even considered fiscal insubordination and declaring rebellion against the Government's latest adjustments.



These groups have harshly criticized the increase in tax pressure , instead of cutting public spending, especially in the autonomies. They consider that the fiscal turn of the screw plunges Spain into recession and condemns it to agonizing economic growth over the next two or three years. Once the loan period has ended, and if its forecast has been fulfilled - they issue reports that force this fall - the fund will repurchase those securities at a much lower price . What you pocket is the difference. The CNMV was opposed The president of the CNMV, Julio Segura , was not in favor of this veto. He recently recognized that "prohibitions do not solve anything because when one operation is prohibited, another is quickly invented ." "The effectiveness of the suspensions is diluted in two weeks , and the negative effects in reducing the number of operations and, therefore, liquidity, are more important than the decrease in market volatility ," he reflected just a month ago.