The Catalan Government practically eliminates the Inheritance Tax for close relatives, which means 102 million euros less in 2012
April 6, 2011 02:31 AM | CNA / Gaspar Pericay Coll
In the last elections, the elimination of the tax was one of the main promises of the Centre-Right Catalan Nationalist Coalition, Convergència i Unió (CiU), which controls the Catalan Government. From January 1st 2011, first and second degree relatives will have a 99% bonus on this tax. The decision has been taken in the middle of the debate about public expenditure cuts.