Yolanda Díaz calls on PSOE for a ‘Trump tax’ for US tech companies to pay taxes in Spain | Economy

Second Vice President and Minister of Labor and Social Economy, Yolanda Díaz, announced on Monday that Sumar will ask the PSOE, during budget negotiations, to establish what she called the “Trump tax,” so that big American technology companies pay taxes in Spain. “What cannot be is that five large American technology companies (Alphabet (Google), Amazon, Apple, Meta (Facebook) and Microsoft) do not pay taxes in our country, do not pay them in Europe and do not pay them in the world. That is, what we will ask them is to leave the cloud and go through the Spanish Public Treasury,” Díaz underlined during his speech at the conference. Metafuture organized by Atresmedia.

The second vice president indicated that self-employed workers in Spain pay between 15% and 18% and large companies on average 7% of their profits. “But the big tech companies make a mockery of what they do with the Spaniards and the Europeans. That’s why we will demand that Trump pay in negotiations with the Socialist Party, because they have to pay taxes,” Díaz stressed. The Ministry of Finance is under the command of the socialist María Jesús Montero.

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