tax base

Catalan Minister for Business and Labour, Felip Puig has denied that companies are withdrawing from Catalonia or moving their tax base to other parts of Spain due to the Catalan political process. On the contrary, Puig pointed out, more companies are leaving Madrid to set up their tax base in other Autonomous Communities. He went on to claim that "an orchestrated campaign with distorted data" has been carried out to induce "fear" in companies, investors and the whole of the Catalan citizenry. Puig also emphasised that some of the companies which have changed their tax base have kept the business and the production within Catalonia and noted the 281% rise in foreign investment in Catalonia.