Tobin and Google taxes delayed as collection not yet possible

Treasury Minister María Jesús Montero

Treasury Minister María Jesús Montero Credit: La Moncloa flickr

THE much-vaunted Spanish Tobin and Google taxes due to be reported in February and April respectively will have to be postponed due to a number of problems.

Not only are the necessary orders and regulations not yet to be put in place to make the imposition of these taxes legal, but computer platforms have not been completed to allow for their reporting and collection.

What is not known at the moment is whether the taxes will be retrospective once everything is in place or those responsible for paying will be let off any back dating.

Thank you for taking the time to read this news article “Tobin and Google taxes delayed as collection not yet possible”.

Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

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