Government Launches Account to Invest Savings in European Companies
5 Articles
5 Articles
Shares can be bought and sold for five years and, after that time, profits will be exempt from IRPF up to 10,000 euros
The government has taken advantage of the decree on housing published today in the Official State Gazette (BOE) to create a new savings and investment account to encourage citizens to participate in financial markets to support European companies. This new product, despite the clashes between the Ministries of Economy and Finance , will eventually have fiscal incentives to invest, as demanded by the entire financial industry and also the Nationa…
The new mechanism will allow the untaxed portfolio to move and will benefit from tax exemptions if it is maintained for five years. Economy doubles up to 10,000 euros the maximum contribution to savings insurance, which do not tax on income
The Council of Ministers has approved the Savings and Investment Account Finance Europe and the Individual Long-Term Savings Insurance Finance Europe (SIALPFE), as contained in the decree on urgent housing measures published on Wednesday in the Official Gazette of the State (BOE). Read
The Council of Ministers has approved the Savings and Investment Account Finance Europe and the Individual Long-term Savings Insurance Finance Europe (SIALPFE), [...]
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