tax

Donating cash to children is exempt from personal income tax for parents. It is not free for children

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Young people do not have it easy to get ahead in a context of very tight salaries and with him housing prices skyrocketed. Therefore, helping children or a family member financially becomes the natural impulse. However, this willingness to help may have tax consequences What is important to know before making the transfer. In a binding query Addressed to the General Directorate of Taxes (DGT), a body dependent on the Treasury, a person raised the possibility of helping his family financially through a cash donation. The consultation made it abundantly clear: anyone who donates cash has nothing to fear on their tax return. The same cannot be said about the person who receives it. ​What the Treasury says about the donor’s personal income tax. The General Directorate of Taxes responded to a person who wanted to donate cash to his mother. The DGT pulled the file and argued its response in a previous binding consultation, in which a father raised the tax consequences of donating cash to his children. The Treasury’s response establishes that “for the donation of money, no capital gain or loss will be computed for the donor,” which implies that on the part of the person who gives that money there is nothing to declare or pay in the Income Tax. The technical reasoning is quite logical and simple. When money is donated, there is no difference between the value at which it was acquired and the value at which it is transmitted, so there is no alteration in the donor’s assets that justifies paying taxes on it, as established in article 33.1 of the Law on Personal Income Tax. When the gift is not money, the story changes. The organization itself takes advantage of the consultation to remember that the exemption from personal income tax taxation Applies exclusively to cash donations. That means that if parents They donate a home to their children that they bought 20 years ago for 100,000 euros, and that at the time of donation its value is 200,000 euros, must pay personal income tax for that increase of 100,000 euros in its value between the date of purchase and the donation. The same occurs with shares or other assets with market value that may increase in value between the purchase price and the donation price. The most curious thing is that this principle does not apply in the same way if that same property had lost value since its purchase, the donor would not be able to deduct that loss. Children do pay the Gift Tax. It should be noted that the fact that the father does not pay personal income tax for that donation does not mean that the transfer of assets has no consequences for the person who receives it. The child who receives the money is obliged to declare the donation and settle the Inheritance and Donation Tax. This tax falls on the person who receives the donation, not on the donor. The amount to be paid for the child or family member depends on factors such as the amount received, the degree of relationship and, above all, the autonomous community where the recipient resides for tax purposes. Depending on what requirements are met, the amount to pay may be close to zero euros, but it is necessary to complete the procedure. If the donation is not declared within the established period, the Treasury may impose penalties and interest. A tax that depends on the communities. The Inheritance and Donation Tax is partially transferred to the autonomous communities, which means that each community sets its own bonuses, reductions and tax rates. This generates very notable differences between paying this tax in one community or another. Madrid and Andalusia, for example, apply a 99% bonus on donations between parents and children, which in practice means that the recipient barely pays taxes when making this type of donation. At the opposite extreme, communities such as Catalonia or the Valencian Community have more demanding tax systems, with progressive rates and fewer bonuses. A particularly striking case is that of Extremadura, which has extended the exemption up to 200,000 euros in donations for children to buy their first home. In Xataka | The Great Wealth Transfer: the movement from boomers to millennials that will transfer millions between generations Image | Pexels (Kaboompics.com)

Dates and when the 2026 Income Tax return is made

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Let’s tell you what they are the dates of the 2025 income tax returnthe campaign that will take place during 2026. We say that it is Income 2025 even if it is done this year because what we will do in it is regularize and account for the last fiscal year. In this article we are going to tell you what they are the most important dates of this next Income campaign. For example, we will tell you when you can start checking your tax details or request your reference number, and also when declarations can be made. There are still a couple of dates that have not been revealed, such as the consultation of tax data or the request for your reference number. But when they are announced we will update it so that you have all the data. Income tax return dates 2025 These are the main dates of the Income Tax 2025 What you should keep in mind so that you don’t miss deadlines. It is important that you remember that the income campaign this year ends a day early than last year, because it will also start a day earlier. Tax data consultation: Unannounced, but possibly mid-March. Reference number request: Unannounced, but possibly mid-March. Income tax return online: You can do it from April 8 to June 30, 2026. Income tax return by phone: You can do it from May 6 to June 30, 2026. In-person income tax return: You can do it from June 1 to June 30, 2025. And now, we are going to tell you How can you request an appointment? for telephone and in-person income. Appointment for telephone statement: You can request an appointment to make your declaration by phone, calling the numbers 91 535 73 26 / 901 12 12 24 or 91 553 00 71 / 901 22 33 44. You can do so from May 6 to June 30, 2026. Appointment for in-person declaration: You can request an appointment to make your declaration in person, by calling the numbers 91 535 73 26 / 901 12 12 24 or 91 553 00 71 / 901 22 33 44. You can request the necessary appointment from May 29 to June 29, In Xataka Basics | IRPF withholding calculator 2025: how to use it online to know your minimum withholding recommended by the Treasury

A tax on billionaires has made the founder of Google seek refuge in Miami. A $173 million shelter

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Larry Page, co-founder of Google and second largest fortune in the world according to Forbespacks his bags after 30 years living in California. It’s not a whim. There is a compelling reason behind this decision: not pay taxes. However, the millionaire moves from state to state. the most millionaire way possiblewhich is none other than spending no less than 173.4 million dollars on two mansions near the sea in Miami. A house with a name and surname in Coconut Grove. According to published The Wall Street Journalthe co-founder of Google has acquired two properties in Coconut Grove, one of the most exclusive and luxurious neighborhoods in Miami, for about $101.5 million and $71.9 million respectively, for a total outlay of $173.4 million. One of the mansions was initially put up for sale for $135 million and extends over a 1.8-hectare beachfront plot, has 13 bedrooms and 15 bathrooms, several pools and gardens surrounding the construction. The mansion was owned by Jonathan Lewis, a well-known philanthropist and civil rights activist who died in 2023. The sale of this mansion known in the area as “Banyan Ridge“, closed in mid-December with a significant discount. ​A second retreat close. As and how they point From the specialized real estate portal Realtor, without leaving the neighborhood and just under four minutes by car from his main residence, the millionaire would have bought a second mansion for about 71.9 million dollars. This second property would also be located on the seafront with views of Biscayne Bay. In this case, the construction has about 1,579 square meters, seven rooms and belonged to the journalist and writer Sloan Barnett, heiress of billionaire George L. Lindemann, as he collected The Wall Street Journal. Fleeing the millionaire tax. Larry Page’s hasty move and other Silicon Valley millionaires It comes in the context of California’s plans to vote on approving a tax that would levy 5% to the estates of more than 1 billion dollars. According to what was published by The New York TimesIf the tax is approved, it could be applied retroactively to those billionaires who reside in California as of January 1, 2026. Therefore, in order not to be included in that calculation, Page has packed his bags to start the year as a resident in Florida. Analysts consulted by the American media calculate that, taking into account that it is the second largest fortune in the world with a valuation of 270.1 billion dollars, this tax could mean a tax bill of more than 13 billion dollars. Following in the footsteps of Bezos and Musk. Larry Page’s move is not an isolated or strange case. Jeff Bezos did the same from Seattle in 2023, although at that time justified his move to Miami to be closer to the family and operations of Blue Origin, his aerospace company. Bezos also made a grand landing in Florida, buying several mansions on the artificial island known as Billionaire Bunker for about 237 million. The change of residence (and state) has given you an estimated tax savings of about 1 billion dollars. Something similar happened to Elon Musk who, after his judicial dispute over the payment of his salary bonus of Tesla in Delaware, changed the headquarters of his companies and his residence to Texasavoiding paying 13.3% in California capital gains taxes. Bad news for your neighbors. The exodus of millionaires from California is making local real estate agents make a killing selling luxury homes in areas like Coconut Grove. Dina Gold Thayer, by Douglas Elliman, explained to The Wall Street Journal that “every two days, we show available homes to San Francisco clients. Everyone is in a hurry to buy to avoid the retroactive application of the wealth tax.” This rush to buy is an opportunity for residents, since their potential buyers had less room for negotiation, causing prices in the area to skyrocket even more. In Xataka | In a financial carom, Google has stood up to NVIDIA, leaving an unexpected winner in the crazy AI race: Larry Page Image | Flickr (Fortune Global Forum)

China wants Chinese people to have more children. So he’s going to put a special tax on condoms

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China wants more babies. Many more. Enough to increase their birth rate and stop the population loss which has allowed India ahead as the most populous nation on the planet. After repealing his ‘one child’ policy and display a wide range of measurements pro-natalism at a political, social and economic level, Xi Jinping’s Government has made a radical decision: make condoms more expensive and other contraceptive items. By first time in 30 yearswhoever wants to buy them will no longer enjoy a VAT exemption. In summary: sex becomes more expensive…at least the insurance. Sex with a condom? Pay more. have sex you will be more expensive in China from now on. At least if you want to do it with contraceptives. In the context of a broader tax reform that basically affects the value added tax (our VAT), Xi Jinping’s Government has decided remove exemption tax that condoms enjoyed until now. The decision is not exactly new. The law on which it is based was approved at the end of 2024, but it is now generating noise on social networks and the media for a very simple reason: its effects will begin to be felt shortly, from the January 1, 2026which is when Chinese couples will encounter rising prices on contraceptives. One figure: 13%. The change is important because this type of contraceptive items enjoyed a VAT exemption since 1993when China implemented the rate nationwide. From now on the scenario will be different and those who want to buy condoms will find themselves with a VAT of 13%. Today, precise Guardiana package of standard prophylactics costs between 40 and 60 yuan ($5.7-8.5). The contraceptive pill, available in the country without a prescription, ranges between 50 and 130 yuan, from 7.1 to 18.5 dollars. The price increase will not be exorbitant, but it has generated criticism on networks such as Weibo. “I was very angry when I saw that condoms were going to have taxes and increase in price,” he complained recently a user on RedNote. “Is it so easy to profit from us workers? I got so angry that I placed an order at night for the condoms that I like… I accidentally bought too many.” Why now? The million dollar question. The Chinese government has not simply imposed taxes on condoms. The measure is framed in a broader initiative that seeks to modernize the tax system and check the list of products and services exempt from VAT. At the end of the day, the consumption tax represents a crucial part of the tax revenues that feed the Chinese coffers. All in all, it is striking that Beijing decides to make contraceptives more expensive precisely at a time when the country loses population and look for ways to encourage their birth rate, which has led the State to act as a matchmaker, help to couples with babies or even go household by household to encourage women to have children. It has also not gone unnoticed that the same tax reform contemplates a tax reduction for childcare services. There is more at stake than Chinese demographics: there is the country’s economy, supported by its enormous domestic market, and the challenge of what to do with million pensioners. “Unlikely”. The other question is… Does the Government really expect that applying a 13% tax on condoms will result in more babies? An IndexBox report shows that in 2020, close to 5.4 billion condoms. There is who thinkslike Quian Cai, from the University of Virginia, that a price increase may “reduce access” to contraceptives, especially among the poorest population, but warns of the consequences. “It could lead to more abortions and increased health care costs,” prevents Cai. The risk? That in an attempt to increase the birth rate, China finds itself with more terminations of pregnancies and a resurgence of diseases sexually transmitted. Others are simply skeptical that making condoms more expensive is going to influence the number of pregnancies, especially if one takes into account that one of the brakes on birth rates is the high cost of parenting. “The tax itself is unlikely to have a noticeable effect on birth rates,” explains to TIME Yuan Mei, professor at the School of Economics, Singapore Management University. “Decisions about having children in China are mainly influenced by economic and lifestyle factors, such as the cost of raising a child and long working hours. These factors outweigh small changes in the price of condoms.” So what for? There is who considers that the rate has a symbolic nature and really seeks to delve into a message. “Now that China’s birth policy has shifted toward promoting birth and no longer promotes contraception, it is reasonable to tax condoms again,” reflect He Yafu, Guangdong demographer. Nor does it seem that the initiative will have a notable economic impact. Not at least if you put it in context. Lee Ding of Dezan Shira & Associated explains to Guardian that taxing condoms will add around 5 billion extra yuan a year to state coffers (about $710 million). It is a considerable figure, but very small when compared to the billions that the country collects in general. “We don’t believe that income generation is the main motivation.” Images | Fenghua (Unsplash) 1 and 2 and CDC (Unsplash) In Xataka | While the birth rate in China plummets, a region does not stop having children. Their secret: being a large family has a reward

The British skipped fuel tax by switching to an electric car. The Government’s solution: create another tax

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The British Government recently announced a new tax for electric vehicles in which drivers would pay per distance traveled (miles), with the intention of it coming into force in April 2028. The measure, which is included in this documenthas drawn criticism from many citizens and experts, and comes at a key moment, as the United Kingdom plans to ban the sale of new gasoline and diesel cars in 2030. Its public coffers are losing revenue from fuel taxes while the adoption of electric vehicles grows. How the system is planned so far. Electric car drivers will pay 3p per mile traveled (about 3.4 euro cents), while plug-in hybrids will pay 1.5 pence. The calculation will be made through an annual mileage estimate that drivers will declare when renewing their road tax, and will subsequently be verified during the technical inspection of the vehicle. According to the Government, an average electric car driver who travels 13,680 kilometers a year you will pay about 255 pounds additional (approximately 295 euros). Why this change matters. Just like share According to The Telegraph, Finance Minister Rachel Reeves justifies the measure as necessary to compensate for the drop in fuel tax revenue. According to Dan Tomlinson, MP and Secretary of the Treasury, if no action is taken, by 2030 one in five drivers will not pay fuel tax while others will continue to contribute an average of £480 annually. According to the media, the Office of Budget Responsibility predicts that this new tax could reduce sales of electric vehicles by 440,000 units in the next five years. Industry reactions. Manufacturers such as Ford and the British manufacturers’ association SMMT have harshly criticized the measure. Ian Plummer, Commercial Director at Autotrader, declared that “we need more carrot and less stick if we are serious about the electric transition.” From Ford they pointed out that the budget sends “a mixed message” about the government’s goal of driving the shift to electric vehicles. Implementation problems. The system presents several practical challenges. Drivers will have to estimate their annual mileage without it necessarily coinciding with the date of their MOT (the equivalent of the MOT in the UK), which complicates the calculation. New cars, which do not require inspection for the first three years, will need additional checks. Furthermore, the Government recognize which could increase odometer fraud, a practice which, according to The Telegraph, already affects 2.3% of British vehicles. A controversial issue. As the current regulations are stated, drivers who use their vehicles outside the United Kingdom They would also pay for those milesdespite not using British roads. The Government justifies this decision by arguing that the percentage of drivers traveling abroad is small, although it recognizes that it will especially affect residents of Northern Ireland, as they frequently cross into the Republic of Ireland. The impact on the pocket. Although the Government insist With the rate equal to half of what gasoline and diesel drivers pay, many electric vehicle owners are already starting to worry. Stephen Walton, a driver who bought an electric car in 2023, counted to the BBC that “it will be my first and last electric vehicle because there are no tax advantages for electric car drivers.” A unexpected advantage for China. Analysts such as Sam Goodman, from the China Strategic Risks Institute, warn that the new tax could encourage British consumers to opt for cheaper Chinese models such as the BYD Dolphin Surfwhich sells for 18,650 pounds compared to the more than 26,000 that some eligible European alternatives cost. During the third quarter of 2025, Chinese models They already represented 11.8% of the British new passenger car market, according to Schmidt Automotive Research. What’s coming now? The Government has opened a consultation period to define the final details of the system before 2028. It also announced an additional investment of 1.3 billion pounds in aid for the purchase of electric vehicles, although only four models currently qualify for the maximum subsidy of 3,750 pounds, the cheapest being the Ford Puma Gen-E (£26,245 applying subsidies). The Office of Budget Responsibility esteem The new tax will raise £1.1bn in its first year and £1.9bn by 2030-31, although the actual figure will depend on how many Britons decide to buy electric cars in the coming years. In Xataka | Your car windshield has hundreds of small black dots. It is not decoration, it is technology to save our lives

If the question is whether you have to pay garbage tax for a parking space in Madrid, the answer is: good luck with the Cadastre

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April 8, 2022. The Government publishes in the BOE Law 7/2022, on waste and contaminated soils for a circular economy. Behind this name hides a small bomb that has been exploding, little by little, in each municipality. In Madrid, that detonation has come this year. Beyond the calculation, there are thousands of car parks that are now wondering: do I have to pay the new garbage fee? Where do we come from? My colleague Carlos Prego explained it a few days ago in Xataka. Madrid has recalculated its garbage rate, making reference to the famous Law mentioned above with a calculation that the OCU has come to define as “original and unfair”. The point is that controversy has arisen because Madrid City Council said “eliminate” this rate in 2015, alleging that they removed the tax burden from the citizen. The 2022 Law obliges municipalities with more than 5,000 inhabitants to begin collecting it, following European guidelines. To calculate that rate, The City Council has taken into account the cadastral value of the apartments or the tonnage of garbage that is collected in each neighborhood. That is, those who live in a neighborhood where more garbage is generated will pay more… and that directly affects neighborhoods with great tourist activity (hotels, tourist apartments…), commercial or very densely populated. a truce. The criticism has been so virulent on the part of the oppositionof the neighbors and of the associations of consumers who the City Council has partially rectified. They assure that now it will be taken into account the number of registered in each household looking ahead to next year. But what happens where no one lives? Yes, where, for example, there is a parked car because we are talking about a garage. And the garbage rate also affects the owners of a parking space… At least, apart from them. and a battle. Because although the neighbors seem to have received a truce with the new calculation in the garbage rate, which, yes, the City Council continues to defend that it will have little impact on obvious changes for neighborsthe new open front is what happens to the parking lots. And the door had been opened for a neighbor to have to pay a garbage fee for his home and another garbage fee for his parking lot. Despite the fact that, obviously, the garbage generated by a parking space is minimal or non-existent. Little more than general cleaning if we talk about a community parking lot. However, the rate taxes the provision of the service of collection, transportation and treatment of urban waste, in the words of the College of Administrators. That is, the same person (house and garage) could be charged for a single garbage collection. Who pays then? Those who will pay. Those owners of parking spaces whose parking lot is registered in the Cadastre as a “parking-industrial-use warehouse”, in the words of a circular sent by the Madrid College of Administrators to the Property Administrators of the Capital. What does this mean? They clarify it from the Cadastre which, upon consultation with one of these administrators, have confirmed that they are those independent garages that cannot be accessed from a home or from the common areas of a building. That is, those in which garbage is collected individually. Those who will not pay. Those owners of a parking space whose parking is registered in the Cadastre as “residential use”. Or, in a simplified way by this last entity, which are accessed from a home or from common areas with another building. In that case, they may be communities of different owners (garage and building) but if access is from the same common areas, the former will not pay the garbage fee. What does the City Council say? That they adhere to the type of land use specified in the Cadastre and, therefore, that it is the latter that specifies who should or should not pay the garbage rate. The only solution given in this case by the College of Property Administrators of Madrid is for the community to present a declaration of cadastral alteration to specify that the land use is residential and does not correspond to industrial use. The other alternative is to present a written due to discrepancies with the description of cadastral use. Photo | Kertis Stick and Madrid City Council In Xataka | The best horror movie of this winter has been released. And the protagonists are the owners of a home in Spain

The Constitutional Court has frozen 6,700 million of the Wealth Tax. Millionaires will have to wait until 2026

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The Constitutional Court has delayed until 2026 its decision on the legality of the current Wealth Tax, a tax that affects some 200,000 taxpayers in Spain and that in recent years has collected more than 6.7 billion euros, according to advanced The Economist. This delay creates a lot of uncertainty about whether the wealthiest taxpayers They may or may not recover the amounts they have been paying since 2021, when the tax went from temporary to permanent and its maximum rate was raised to 3.5%. History of a controversial tax. He Wealth Tax was created in 1977 and was renovated in 1991 to redefine your goals. During the first government of José Luis Rodríguez Zapatero, its tax was annulled, although the figure of the tax as such was not eliminated, and in 2011 it was temporarily reinstated due to collection needs. Since that date it has been extended annually under the label of “temporary” until in 2021 it became permanent and the maximum rate was raised from 2.5% to 3.5%. As and how he collected Five Days In 2021, this change was questioned by the Popular parliamentary group, which filed an appeal before the Constitutional Court arguing that such structural modifications – in short, a new tax was being firmly created – could not be made through a budget law, according to the article 134.7 of the Constitution. If it is found to be unconstitutional, the Treasury should return everything collected from this tax from 2021 with interest to its taxpayers, a payment that part of an estimate of 6,700 billion euros. The impact on taxpayers. Based on jurisprudence, if the Court declares the tax unconstitutional in its current form, only those taxpayers who have previously requested a rectification of their declarations or initiated a refund procedure will be able to recover payments. The rest would not have the right to recover what was paid because, generally, the sentences do not have retroactive effect, as already happened when the Supreme Court declared the capital gain null and void municipal and the payments had to be returned. Ángel Sánchez, partner of the Golden Partners firm, specialized in real estate taxation assured to The Independent who “The lack of certainty about whether the tax is constitutional or not has a direct impact on the economic decisions of taxpayers. Nobody knows if in a year what is paid today will be able to be claimed.” Given this uncertainty, the expert warns that “only taxpayers who have submitted a rectification request or, where applicable, an administrative claim will be able to recover what they paid. Anyone who has not acted preventively will lose that right.” It’s up in the air, but it’s still valid. Something that is tax experts warning is that, although the Wealth Tax is in question, until justice orders actions, they remain in force. That means that if taxpayers don’t pay While the tax remains in force, they could receive sanctions, surcharges and interest for non-compliance, regardless of what the Constitutional Court rules. Sánchez clarifies that “not declaring constitutes a tax violation. The appropriate strategy is to comply with the obligation and, in parallel, present the claim or rectification to keep alive the right to refund”, in this way, the amounts could be claimed if the Constitutional Court orders its repeal. The claim period covers tax years from 2021 to 2024. The future consequences. If the Constitutional Court endorses the constitutionality of the tax, it will remain in force and consolidated as a permanent tax. On the other hand, if it declares it unconstitutional, the Government could approve a new law that respects the appropriate legal procedures to maintain it. A debate could also begin about replacing it with another more uniform tax figure or one linked to the Solidarity Tax of large fortunes, which has had such good results. There could even be a partial declaration of unconstitutionality, reestablishing the previous maximum rate of 2.5% or returning the tax to the temporary nature it had since 2021, which would imply that the Government would have to extend it each year. In any case, the delay in the Constitutional decision keeps thousands of taxpayers waiting for a ruling that will define the immediate future of the tax and the possibility of recovering millions of euros that have been collected in recent years. In Xataka | Spain has increased its census of millionaires: only 27.6% are paying the Wealth Tax Image | Wikimedia Commons (K3T0), Unsplah (omid armin)

The European Union will impose a new CO2 tax in 2027. And that means one thing: more expensive gasoline

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The European Union has a new tax to punish fuel consumption. And that implies, without any doubt, a increase in the price of gasoline and diesel that we use in our day to day. But also in which carriers need to work. And that has consequences. EMISSION RIGHTS. It is not really new, because it is part of a package of measures whose reform It was already approved in 2018. We talk about EU trade emission rights trade regimealso known as the ETS2 that will change in 2027 to impose a new tax on the consumption of fuels emitted CO2. This new tax applies to the fuel consumed in homes and, of course, to transport (both particular and merchandise) that until now had been left out. And that has a clear result: the price of gasoline will rise. How does it work? With the change that will arrive in 2027, it will be the fuel suppliers that have to buy emission rights for carbon dioxide of the products they sell. For each ton of CO2 generated by that fuel, a price will be paid to the European Union. The main problem is that we do not know what increase we face. EMISSION RIGHTS They will be bought by auction So the price fluctuates. At the moment, the most optimistic estimates indicate a price of about 48 euros per ton of CO2, according to The Energy Newspaperbut Bloomberg Nef Bet on a substantial increase in the coming years and aim at 122 euros per ton of CO2 in 2030. These increases can reach an increase in demand but also by speculation with their price, with companies buying emission rights to have them reserve when considering that they will be more expensive in the future. What can we expect? When we go to the gas station, a rise in the fuel price, of course. How much? That is the big doubt. Obviously, this new cost for the supplier should fall in cascade to the final consumer. The doubt is whether something of it will be absorbed along the way or, on the contrary, it will affect completely. According to the European Commission, the expected increase with those 48 euros/ton of CO2 is 0.11 euros/liter of gasoline and 0.13 euros/liter of diesel. That is, in a 50 -liter deposit we talk about an increase between five and six euros. Other sources point to a larger cost. As we have seen, everything will depend on how much the supplier costs the right of issuance and how much the client can affect without the competition. Distributor companies point to ABC that the price will be between 0.15 and 0.25 euros/liter. The hidden climb. But beyond the cost for The driver who fills his carthe new tax points to another problem: a general increase in the cost of life. In that same article of ABC, Transport associations point to wait for an increase of up to 45 cents/liter of CO2. It would be necessary to see if the increase reaches these levels but what is certain is that the cost of fuel It has a direct impact on inflation. Because if moving the product is a greater expense, the ultimate seller has to raise the price to continue maintaining the profits … In greater or lesser average depending on the product, what is certain is that both increases usually go hand in hand. Keep in mind that ETS2 also affects the price of gas, so it is an extra cost than adding to the equation. Worry. As is logical, the first accounts have already begun to look for solutions. From the Bank of Spain they point out that inflation can rebound in 2027 to 2.5% after a year 2026 more restrained. In Belgium they calculate That an average home will pay between 250 and 400 euros more a year. At the moment, the system will have a market stability reserve. The idea is that if the price shoots, the European Union can release emission bonds to control the price and cushion the increase. In addition, it has been designed has designed the Social Fund for Climate (SCF), a fund of at least 86.7 billion euros between 2026 and 2032 to surrender to the most vulnerable families and small businesses. Photo | Xataka In Xataka | Yes, the EU knows what our car consumes and the speed at which it circulates. And none of that has to do with an alleged espionage

A tax on tourist dogs

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It cannot be said that Italy is not trying with all its strength to fight against mass tourism. First they were higher ratesthen Input rates That, by the way, they went out so well that folded them. Then they attacked directly to the groups of 26 people (or more) and fertilized one of the symbols of the new times: Keyboxes To make auto check-in. The latest: chase the dogs of the hordes. Record the best friends. In the alpine city of Bolzanoentrance door To the dolomites And fate increasingly pressured by mass tourism, the City Council has decided to transfer the invoice of the cleaning and maintenance overrun to an unexpected group: The dogs. From 2026, visitors traveling with their pets must pay a Daily rate of 1.50 euroswhile residents will pay an annual tax of 100 euros per animal. The plan, driven after the implementation of a canine DNA record aimed at identifying owners who do not collect excrement, aims to finance exclusive green areas for dogs and reduce the impact of their waste on public roads. Controversial measure. The promoter of the measure, the provincial counselor Luis Walcher, argues That cleaning should not fall on the entire community when, in their words, “the only dirt of our streets is that of dogs.” However, associations such as ENPA They denounce That the rate makes animals “taxpayers”, punishes both families and responsible tourists and transmits an opposite message to the hospitality culture that characterizes the region. After the failed project of canine DNAThey point out that the Administration opts again for punitive solutions instead of strengthening civic education and effective control. Other measures in Italy. We have gone counting. The Bolzano initiative joins a Restriction series increasingly common in Italy, where mass tourism He has stressed cities and Natural enclaves. Venice, for example, became the first major city of the world to apply An access ticket Diario for single -day visitors, with the aim of decongesting the historic center and raising funds for municipal services. In Florence, the opening of New tourist rentals In its old town, declared a World Heritage, to stop the expulsion of residents. Cities Like Rome and Milan have hardened the rules of coexistence for tourists, with fines for bathing in historical sources or drag bags with wheels on archaeological areas. On the coast of Sardinia, limits have even been introduced to access to beaches Fragiles like the hairs or Cala Goloritzé, with daily quotas and sanctions to whom you take sand of souvenir. Tourism, coexistence and perverse effect. The measure arrives in a context in which other tourist cities of all of Europe they have opted to tax To visitors to contain The impact of tourism massive in its urban fabric. In Bolzano, however, the decision opens A singular debate: Is it legitimate to transfer animals, an inseparable part of many traveling families, the label of “responsible” for the deterioration of public space? Who criticize the measure alert that, far from improving coexistence, It can discourage a respectful tourism and even foster abandonments. The case thus becomes a mirror of the tensions that are going through European tourism: between preserving the quality of life of residents, sustaining the attraction of destinations and not breaking the delicate confidence link with whom they visit themaccompanied (or not) by their dogs. Image | Dusan Ristic In Xataka | Italy Veta One of the great symbols of mass tourism: the use of keys to make auto check-in is prohibited In Xataka | Venice was so fed up with the hordes of tourists that an entry rate was invented. It has gone so well that he will double the days

The great fortunes in Spain had dodged the heritage tax for decades. In 2023 99% have chosen to pay it

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According to him last report Of the Tax Agency, the collection of the Patrimony Tax in Spain marked an important rebound in 2023, with an increase of 58% compared to the previous year, reaching 1,970.7 million euros, compared to the 1,250 million that were collected in 2022. This significant increase is not exclusively due to the boom in the number of Millionaires in Spainbut to Reactivation of the Patrimony Tax in several autonomous communities that previously or totally bonus it. Thus, the number of statements and payments has increased significantly after modifying the fiscal rules that affect To the great fortunes. Taxpayers and declarants. According to data of Tax Agency, in the last decade the number of taxpayers who declare to have assets exceeding 30 million euros has passed from 471 in 2013 to 865 in 2023. During this period the number of declarants with high assets has increased by different stages, with notable increases between 2018 and 2019 and then between 2020 and 2021. At the same time, the total statement of the Patrimony Tax descended slightly in 2023, standing at 228,575 compared to 230,365 of the previous year. It should be noted that being a declarant of this tax does not imply being a taxpayer, since sometimes the declarants are exempt from paying that tax since an exempt minimum of 700,000 euros is established (in most communities) and that exist Deductions in habitual home or certain business goods. 99% of millionaires pay the assets tax. The Finance data suggest that, with a lower number of declarants, it was possible to increase the annual collection in 2023, increasing the number of those who had to pay this tax. In 2022, the number of declarants with assets above 30 million euros was 852, of which only 235 (27.6%) paid the assets tax for living in communities that did not bonate this tax. In 2023, of the 865 declarants with more than 30 million euros, 853 pay this tax, which implies that almost 99% of the great fortunes already pay tax for their assets. THE KEY: TEMPORARY TAX OF SOLIDARITY OF THE GREAT FORTS. The increase in collection at 720.7 million euros between 2022 and 2023 is due to the elimination of bonuses to assets that applied communities such as Madrid and Andalusia that in 2022 allowed to pay Little or nothing of this tax. With the entry into force of the Temporary Tax of Solidarity of the Great Fortures in 2023, the State applied a rule that, with the excuse of Avoid double impositionI could tax with this tax those assets that were not taxed by the Patrimony Tax. Being especially exposed those communities that had this bonus tax. The communities were not going to give up that income. With this maneuver, the State could directly raise what autonomies insisted on bonus. Given this new scenario, communities such as Andalusia or Madrid, which applied 100% bonus in this tax, lost the “Fiscal advantage” for great fortunes With respect to their neighboring communities and if they did not collect it, they would lose those income that would also be collected for the state coffers. The Community of Madrid, for example, He went from raising Zero euros in 2022 to enter 613.7 million in 2023 of 10,659 declarants who did not pay for this tax before. Andalusia also increased its income In 20.79 million euros Thanks to this measure that allows homogenizing the Taxation to great fortunes throughout the country through the coexistence of the state tax and the autonomic, preventing that Great heritages are exempt Thanks to regional bonuses. As evidence of this rebalancing in the collection, the Tax Agency ensures that the entry by the Temporary Solidarity Tax of the great fortunes of 2023 was only 35 million euros, compared to the 630 million euros that collected in 2022, when the autonomies bonus the assets tax. In Xataka | How much money Amancio Ortega has: how the fortune of the richest man in Spain is distributed Image | Unspash (Shane)

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