“Federal tax, there’s that bracelet on her arm, county tax, there’s that new fence for my farm, state income tax, there’s that brand new Pontiac, withholding tax, there’s the shirt coming right off my back.” Johnny Cash
The main beneficiary of the increase in energy prices is the owner, Hacienda. Without overturning the euro or creating jobs, the greens reap the benefits of the Hacienda percipe with sudden prices.
Energy is not a problem, it is sequence of impuestos received and regulated costs, which are placed on the same basis and provide electricity and fuel on top of actual costs. Indeed, on the average energy bill there is more than 50% imuesto, including, as it should be, impuesto on CO2 and oranges on energy products.
The government will get more than €300 million per month from the fuel price hike and more than €3,000 million per year with the CO2 tax, which it affects light, petrol, gas and disrupts the competitiveness of the country’s industry.
In 2021, Spain added €2,483 million for sub-auctions of emissions at an average price of €54.18/ton. The price is up to 70 euros.
In electricity, price is a machine to avoid problematic incidents
In electricity, price is a machine for avoiding problems. The “liberalized” part, the energy component, includes charges such as CO2 emission costs and orange trees for imported gas: there are also nuclear and hydrological charges (without a trace), local and regional power plant charges.
Special Electricity Tax (IEE), VAT and Hidden Impact of Electricity Production Tax (IVPEE).
Don’t forget that The nuclear tax burden is so high that it outweighs the simple benefits. More needed than ever, nuclear power is a national and regional tax machine, with more than 61% of its revenue going to taxes and levies, an indirect expropriation through taxation.
The fiscal fee is 12 EUR/MWh higher than in France and for 15 EUR/MWh the tax proposed by the Sánchez government can be obtained, which will strengthen the competitiveness of the industry. This nuclear edition of Law 15/2012 was created in theory to cover a possible increase in ENRESA costs, but in practice it is used with a purely preventive aim
You only pay 30% of the energy on your electricity bill. Furthermore, 36% is peas, 10% cargo, 3-4% IEE, 17-20% VAT, more than 1-2% indirectly from IVPEE.
In the first week of the war alone, the farm lost more than €20 million in fuel bills
There are also impuestos encadenados. Since you are dealing with taxes, you are subject to another special tax, which will also decide whether VAT, other taxes are applicable.
Not only do you pay VAT for electricity, for land, for political decisions, for primacy, for deficit and for special tax. Everything else is subject to VAT.
Most of your electrical production is not the cost of producing electricity today, down to the list Regulatory decisions and past compromises that affect your consumption. Avoid scheduling errors by charging the consumer.
The same thing happens in gasoline and diesel. The most conservative estimates are that the government will get 300 to 450 million euros more per month for the sudden price. We are talking about how the state will bring in more in a month in Spain than the net profit generated by a Spanish oil tanker in a quarter and in the whole world.
Including the tax rate, which is a tax on CO2 and oranges from the import of petroleum products, 46% of the price of gas and 43% of the price of diesel are taxed.. If we include the previously mentioned concepts, it exceeds 50%.
The status reads twice over the same liter; once with special tax and then by applying VAT to the product higher than your own special tax.
The company lost more than 20 million euros in fuel costs in the first week of the war alone. Unnecessary business. When the moment comes when fiscal measures are finally taken to reduce the impact, the state has given you more than you imagine you will get – it helps you.
This is not a single charge, but rather a variety of charges and charges that are applied sequentially on a single basis, more often than not. VAT is implemented as the last word to be multiplied recovery effect of all leading.
Price distortion and populist thinking are evident. They engage you with care and tell you the guilt of the companies.
The most obvious distortion is that final costs are supposed to reflect the marginal cost of energy and become the sum of fiscal and regulatory decisions. We often read these days that “the price goes down when the barrel goes down, but it doesn’t go down when oil goes down.”
It’s very simple: enacted taxes increase the present, and when they decrease primary materials, the government increases the tax burden.
To add to the problem, you are subject to hydrocarbon duty when it comes to vegetable oil. To overturn.
An obvious example is that even if the cost of production is reduced by the increase in renewable energy sources, the billing is not even lower in relation to the cost and encapsulated impuestos are preserved or even suben.
Although the price of oil is lower, the price of a liter is not lower at the same time, because the “Kolchon” debts are maintained, and thus when the price is reduced by the tax burden.
The energy tax system is designed to maximize revenue when the price of raw materials has risen and to ensure that revenue is limited only when primary materials are low. The state profits from consumption, price and the fragmentation of the school system.
The more words that hold the line, the more recognition points. From extraction, production, refining, distribution, storage and marketing of hydrocarbons to generation, transmission, distribution and supply of electricity.
For consumers, it is a sign that energy is expensive. For the state, it is a sign that sudden energy costs are an easy way to recover from dealing with other more visible problems, and also if the blame is passed lightly on companies.
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