Taxation of financial institutions

"Everything points to the fact that those who will end up bearing the cost of the tax will be the customers".

"It is surprising that, knowing so little about the tax, neither how it will be calculated nor to whom it will be applied, the government knows what it will collect".

On 12 July, Pedro Sánchez announced the forthcoming introduction of a new tax on large financial institutions. Joan de Figarolas, partner of the Tax Department of RocaJunyent, reflects on this issue in the following article published in El Periódico. 

Access to the full article.