The Cortes of Castilla y León approve an NLP against the government's attacks on the beet-sugar sector in Spain

Published 2020년 11월 5일

Tridge summary

The Cortes of Castilla y León have approved a Proposition No. of Law (PNL / 000785) to defend the beet-sugar sector, which all parliamentary groups, except Podemos, have supported. The sector has been threatened by the government's proposal to increase VAT from 10% to 21% on sugary beverages, expected to generate € 340 million in 2021, and an advertising campaign against sugar consumption. The approved NLP urges the Junta de Castilla y León to express its rejection of these measures and request their withdrawal.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Cortes of Castilla y León have approved a Proposition No. of Law (PNL / 000785), presented by the Popular Parliamentary Group, to defend the beet-sugar sector. Said NLP has been approved by all parliamentary groups, except for Podemos, which has abstained. The sugar sector has been under attack by the government in recent weeks. On the one hand, the 2021 General State Budget Bill includes an increase in VAT from 10% to 21% on sugary and sweetened beverages. With this collection measure, the Government expects to obtain € 340 million in 2021. The government has indicated that this VAT increase would not be applied to the sale of beverages in the hotel industry, so as not to harm it, but it would not be the case. The hospitality industry would buy the drink from the factory with a VAT of 21% and then sell it to customers with 10%. These 11 points of difference would have to be assumed by the hotelier himself, without being able to make VAT compensation, if he is taxed by ...
Source: Agrodigital

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