Tax, Benefits & Cost of LivingPolitics

€17.5 billion increase in government debt reported for accelerated capital gains tax transition

Government debt was reported to be rising by €17.5 billion to finance an accelerated transition to a capital gains tax under the box 3 system. During a parliamentary debate on Monday, part of the opposition criticized the approach as costly and poorly handled, while parties on the right said they were pleased that the government had taken action.