Spain's Wealth Tax Raises $1.5tn
This is a Spain news story, published by Guardian, that relates primarily to Tax Justice Network news.
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wealth taxGuardian
•Wealth tax on super-rich could raise £1.5tn globally, campaigners say
83% Informative
Spain introduced a temporary “solidarity” wealth tax on the super-rich in 2022 .
Tax Justice Network said a similar tax on top 0.5% wealthiest households worldwide, at a rate of between 1.7% and 3.5% , would raise about $2.1tn .
Study excluded some exemptions in the Spanish tax including for shares in listed companies.
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