IVA won’t go up, promises government

Montoro has angrily denied that he is planning another IVA tax rise in the next few months, as suggested by Expansión today. He admitted that the IMF and the EU keep asking him to put IVA up, but said he’s not going to, because it isn’t necessary. IVA has three tax bands in Spain, 4%, 10%, 21%. The suggestion was to change them to 4%, 13%, 23%. But Montoro, the Minister of the Economy, is Continue reading IVA won’t go up, promises government