Tuesday

28th Mar 2017

Ticker

Spain aims to boost company tax receipts

Spain’s caretaker government is aiming to increase company tax receipts by around €6 billion to help tackle its financial problems, reports El Pais. The budget deficit has risen this year to over €36 billion, equivalent to 3.27 percent of GDP, finance ministry data revealed on Tuesday. The European Commission decided in July to cancel sanctions against Spain and Portugal despite both countries missing their deficit targets.

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