Fiscal winks to the countryside, which maintains its great tractor protest in Madrid on October 28
The Government launches exceptional tax reductions for the agricultural sector in 2027, with a general cut of 10% in the net yield applicable in the IRPF, and incentives for the purchase of diesel and fertilizers.
The Spanish government has announced "exceptional tax reductions" for the agricultural sector in 2027, including a 10% cut in net yield applicable in the IRPF tax, and incentives for buying diesel fuel and fertilizers. The measures aim to alleviate the impact of increased production costs, particularly energy prices, on the sector's profitability.
The tax cuts, estimated to be worth around 860 million euros, will benefit around 800,000 farmers and livestock producers who pay taxes under the objective estimation method. The announcement comes ahead of a large tractor protest in Madrid on October 28, organized by agricultural unions Asaja, Coag, and Unión de Uniones.
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.