Unmarried couples to get tax breaks

5th January 2005, Comments 0 comments

5 January 2005, MADRID-Spain's Socialist government wants to introduce tax breaks for unmarried couples, giving them the same deductions enjoyed with inheritances.

5 January 2005

MADRID-Spain's Socialist government wants to introduce tax breaks for unmarried couples, giving them the same deductions enjoyed with inheritances.

There are deductions and allowances for inheritances which can reach a maximum of 41 percent of the original tax.

The planned tax breaks will form part of the government's raft of tax reforms which have proved unpopular within the Socialist party.

Jose Luis Zapatero's government may have to enlist the support of Spain's regional or 'autonomous' governments to get the reform through parliament.

Next week the government is to meet with party officials to iron-out how they can make tax concessions the same for unmarried couples and married ones.

The controversial reform may encounter problems with the regions, as in some areas like Navarre and the Basque Country, there are no taxes on inheritances.

[Copyright EFE with Expatica]

Subject: Spanish news

 

 

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