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Movement blames minister for “fiscal toll” to EDP in the sale of dams

The Cultural Motion of the Land of Miranda (MCTM) right now accused the Minister of Surroundings and Local weather Motion of giving EDP a fiscal “tassel” of round 300 million euros following the sale of six dams from Trás-os-Montes.

In an open letter addressed to the Minister of Surroundings and Local weather Motion, João Pedro Matos Fernandes, the MCTM accuses the federal government official of “unduly exempting EDP from the cost of 110 million euros in Stamp Obligation”.

MCTM spokesman Paulo Meirinhos was indignant at this case, which he believes will hurt Terra de Miranda particularly, and the folks of Trás-os-Montes basically.

“How is it attainable that one of many biggest companies of the century doesn’t pay any tax, on the identical time that any odd Portuguese, nonetheless poor he could also be, pays taxes for what he earns, what he buys and what he has, and plenty of occasions for what he doesn’t have ”, he accused, chatting with Lusa.

The motion additionally invokes “that it’s not only a loss for Terra de Miranda, however for the entire nation and for all Portuguese taxpayers”.

“The Minister of the Surroundings and the Authorities had prior information of the enterprise as a result of the legislation requires it, because it offers with the sale of pure sources. Because of this, the Motion claims that the Authorities ought to have compelled EDP to not use the tax planning schemes that led to the non-payment of the tax [de selo]”, Says the motion in the identical open letter.

Within the opinion of the members of this motion that’s thought of “non-partisan”, the Minister of Surroundings and Local weather Motion continues to be in time to gather the taxes due, “activating the anti-abuse clause foreseen for the sort of enterprise”.

The motion additionally questions why the Authorities licensed the sale of the dams with none compensation for the State Finances.

“Understanding that the tax planning subterfuge utilized by EDP would keep away from the cost of taxes due, it asks whether or not why the Authorities didn’t situation the sale authorization, to the cost of the tax due, particularly of the greater than 110 million euros to EDP in stamp obligation ”, asks the MCTM on this open letter.

In November, the Ministry of the Surroundings and Local weather Motion introduced that it had issued a “favorable opinion from the Portuguese Surroundings Company on the transmission of those Water Useful resource Utilization Titles and, due to this fact, EDP can proceed with the sale of the infrastructure to the French firm Engie”.

At situation is the sale of the hydroelectric crops in Miranda, Bemposta, Picote, Baixo Sabor, Feiticeiro and Foz Tua.

In latest weeks, each Bloco de Esquerda and Partido Social Democrata (PSD) have referred to as for an pressing parliamentary listening to by Minister Matos Fernandes to make clear the define of this operation.

At situation, in accordance with PSD, “there’s a lack of transparency” within the enterprise introduced, a couple of 12 months in the past, and concluded on December seventeenth, of the sale of the six hydroelectric crops situated within the Douro, Sabor and Tua rivers by EDP- Energias de Portugal, SA to a French enterprise consortium, headed by Engie.

On December 14, the Authorities created a working group to investigate the affect of the sale of six EDP dams to Engie, which incorporates representatives from varied authorities areas and the ten municipalities coated by the operation.

In line with a press release from the Ministry of Surroundings and Local weather Motion, “a working group was created with representatives of the Authorities and the ten municipalities affected by the transmission of the Water Assets Utilization Titles for the Miranda, Bemposta, Picote hydroelectric crops. Baixo Sabor, Feiticeiro and Foz Tua ”.

The working group may have the perform of analyzing and deepening the impacts of the sale of the six dams situated within the Douro hydrographic basin, in addition to ascertaining “the true advantages that these municipalities could profit from” and itemizing “any measures that permit, in one of the simplest ways, implement the rule accepted within the State Finances Legislation for 2021 ”, identified the Ministry of Surroundings.

In November, the Intermunicipal Group of Trás-os-Montes introduced that it might request a gathering with the Prime Minister to judge the counterparts of the sale, by EDP, of the six dams.

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