The Minister of Finance, María Jesús Montero, has linked in Congress the creation of a new digital tax figure, known as the Google rate , because in her opinion it would serve to create "a fair and progressive tax system" in which citizens can " take the social elevator. "

The investigation opened by the US on the creation of this tax in Spain - open to nine countries - as well as any similar initiative carried out by the European Union - frustrated at the moment - has not stopped the Executive's fiscal plans, with a project to law that this Thursday debates its admission to the Congress. During the day, the plenary session of the Chamber debates the amendments to the entirety presented by PP, Vox and Citizens .

In Montero's words, that position of the opposition is "ultra-childish and is bordering on irresponsibility" , an "delegitimizing attitude of the tax system", in his opinion.

The tax on certain digital services (IDSD) would function as a "social glue" that would redistribute wealth, Montero says. "The world has changed," said the minister: "Every day the economy is more digital" and "current taxation is designed for the economy of 20 years ago ." According to the head of the Treasury, the technology giants that would be affected, for example Google, Apple, Facebook, Amazon and Netflix, are " large multinational companies that hardly contribute in the countries where they generate profits."

In addition to the Administration led by Donald Trump, different organizations and employers in the technology sector in Spain and Europe oppose this tax, since they understand that this positive figure would slow down economic activity and end up having repercussions on the entire ecosystem, including startups and consumers. However, Montero believes that there will be no effect on SMEs , as "it does not tax retail e-commerce activities or sales between individuals."

At the end of the year at the earliest

The new tax would come into force three months after its publication in the Official State Gazette (BOE), but in any case the liquidation would take place at the end of the year, and would be based on online advertising services , internet brokerage services and the sale of data generated from information provided by users.

The new tax would establish a tax of 3% of income (not profits), provided that the affected companies exceed 750 million euros in global turnover and 3 million in this country.

The Organization for Economic Cooperation and Development (OECD) is currently discussing a similar tax but one that can be applied internationally , in a global and common way, not taking into account the different regulations in each country. Different companies, such as Facebook, publicly advocate this route against projects such as the Spanish one.

Given this, Montero has indicated again that the Spanish Google rate would be "transitory until a worldwide or at least European regulation is approved." The minister explained that such a tax "has already entered into force in other countries such as the United Kingdom, France, Italy, Austria or Hungary."

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