The AEB associations and CECA have presented appeal against the ministerial order that approves the models of autosettlement and payment fractionated of the new tax to the banking created by the Act 7/2024

The sector insists in the serious economic effects that causes a tax that shocks negatively in the financing of families and companies, the investment and the economy as a whole

The banking associations AEB and CECA have undertaken legal actions against the new tax to the banking, interposing administrative appeal against the Ministerial Order that approves the model of autosettlement and payment fractionated of the tax contribution (Order HAC/532/2025), published recently in the Official State Gazette.

These stock stress the rejection that already expressed the sector November, when this new figure was added to the tax system to give continuity to the extraordinary levy on the banking created in 2022.

After the publication of the Order, insist in its rejection to the tax for its serious effects for the financing of families and companies, its detrimental impact for the investment and, general, its disservice to the economy as a whole. AEB and CECA stress, also, that the Spanish banking is the only one taxed by a tax of this kind in Europe, which means a competitive loss with respect to the rest of European banking organisations.

Fits remember that, just as it happened with the extraordinary levy, the European Central Bank (ECB) was pronounced in December 2024 against this new tax and warned of its adverse effects, among others reasons, for «limiting the skills of the companies of granting credit and potentially contribute to some less favourable conditions for the clients of the loans and other services», in addition to being able to produce “unforeseen consequences for the solvency and the competitiveness of the credit institutions ”.

The critic of the ECB has been backed by the Banco de España recently in its Financial Stability Report of Spring, not only for its negative impacts on the credit and the skills of addressing disturbances, but also because “it can originate the fragmentation of the financial system European”. Additionally the International Monetary Fund (IMF) in a recent report, published in April, requests to the Government of Spain “discontinuar” this new tax.