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The leader of Spain's leftist platform Sumar, Yolanda Diaz, said on Tuesday an agreement for a potential coalition government with the Socialist Party envisaged extending and reinforcing a windfall tax for banks and large energy companies. She also said the partners had agreed that all companies would be taxed an effective 15% rate on their accounting profit, rather than the underlying profit, which seeks to eliminate the impact of nonrecurring items. The deal, which came after acting Prime Minister Pedro Sanchez met with Sumar leader and acting Labour Minister Yolanda Diaz on Monday, also includes a proposal to reduce working hours while preserving the same pay. ....
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