Temporary Solidarity High Net Worth Tax and certain changes to the Wealth Tax are approved

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In this Briefing we analyse the recently approved Temporary Solidarity High Net Worth Tax and certain changes to the Wealth Tax.

On 29 September 2022, the Government presented its Fiscal Measures plan with the aim of ensuring “social justice and economic efficiency”. The plan presented by the Minister of Finance and Public Administration sought to move towards a “fairer” tax system with an increase in contributions from wealthy individuals and large companies.

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