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“REand to protect family income, IRS to be settled in 2021, relative to the income accrued in 2020, for the amount referred to in section 1 of article 70 of the IRS, add exceptionally 100 euros, retaking-se no IRS For the year 2021, the application of the formula contained in said article ”, reads the proposal of the Socialists.
The minimum value of existence corresponds to the amount up to which taxpayers do not pay IRS.
According to the law, the minimum value of existence corresponds to 14 times 1.5 Indexing Social Support (IAS), that is, 9,215.08 euros.
In the next year, taking into account negative or zero inflation, the IAS should be frozen, which means that if the formula provided in the law is applied, the minimum stock would not increase next year.
Deputies began on Friday to vote on proposal OE2021 in the Budget and Finance Committee, as well as the approximately 1,500 amendments presented by the parties.
Voting takes place through Wednesday in committee, and the final global vote for OE2021 is scheduled for Friday.
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