The Spanish government has just revolutionized the European tax system.
It has announced that those people who
earn more than 601,000 euros a year
and have
assets of more than one million euros
will not pay taxes except those related to capital income and indirect taxes.
In this new model it also applies that
any newly
installed
company
will not pay taxes
during the first five year
s
regardless of size.
The objective, explains the president of the coalition
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