Tax revenue grows 10% until June despite tax cuts due to the Iran war
La Agencia Tributaria ingresa 148.944 millones en la primera mitad del año
Neither the soaring uncertainty nor the energy crisis caused by the conflict in the Middle East are slowing down the pace of growth of the Spanish economy and the progress of tax collection. Tax revenues marked a new record in the first half of the year, reaching 148.944 billion between January and June, boosted by the good performance of activity and prices that have heated up again.
This is a rebound of 10.4% compared to the previous year, according to data published this Friday by the Tax Agency, which occurs despite the tax cuts implemented since March to mitigate the impact of the war.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.