The plenary session of the Consell held this Tuesday in Castelló de la Plana has approved the draft law that will allow the application of the 99% bonus on the Inheritance and Donation Tax. It was the first measure approved in the first plenary session of the new Consell, held in July, and then Mazón already explained that “we will never again pay twice for the same thing, we cannot maintain the death tax,” he indicated.
Likewise, the head of the Consell then highlighted “the low incidence” that these taxes have on income in the Generalitat Valenciana, since the inheritance tax contributes “barely 1%” and the donation tax “barely 0.1%”, a loss of income that will be compensated, in his opinion, with the reactivation of the economy that this and other measures will cause.