Left-wing deputies defend tax deferral rule for wealthy shareholders in budget debate

In a parliamentary finance committee, socialist representatives defended a tax deferral clause aimed at shareholders who sell companies, preventing immediate capital-gain tax if the proceeds are reinvested. The left claimed the provision is the sole budget element targeting the wealthiest, and they voted against its removal. Centre-right, right and far-right legislators had sought to eliminate it, but a compromise amendment softened rather than erased the rule.

The Ministry of Economy and Finance acknowledged that one outlet system can allow initial gains to escape taxation, deviating from its original purpose. The debate highlighted the political sensitivity of measures affecting high-income individuals.