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PNV and PSE seal the foral fiscal pact to shield the roots of companies and attract talent

Alcanzan un acuerdo marco aplicable a los tres territorios que suaviza las propuestas iniciales de Bizkaia al eliminar las deducciones por seguros médicos y rebajar la exención para trabajadores foráneos. La reforma requerirá el apoyo de la oposición para salir adelante en Álava y Gipuzkoa. Leer

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PNV and PSE seal the foral fiscal pact to shield the roots of companies and attract talent

The Basque Country's provincial governments have reached a framework agreement on tax measures to encourage entrepreneurship and talent attraction. The deal, which modifies initial proposals from Bizkaia, will require opposition support to pass in Álava and Gipuzkoa. Key changes include eliminating deductions for medical insurance and gym membership, and reducing exemptions for foreign workers.

The agreement also includes measures such as non-taxation of company-paid rent for workers and reduced capital gains tax on business transfers. The tax reforms will be implemented through regulatory draft bills or parliamentary amendments.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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