October 28, 2020

All parties support the processing of a law that penalizes delinquent companies




All political parties have supported the processing of a law that sanctions business delinquency due to the lack of liquidity presented by SMEs due to non-compliance with the legal payment deadlines, although most will present amendments to modify a text that also calls for reforming the VAT Law .

The Plenary of Congress has debated this Tuesday the proposal of Law presented by JxCAT to create a sanctioning regime that includes fines ranging from 3,000 euros for minor infractions, up to 100,000 euros for the serious ones and one million euros for the very serious ones.

The proposal, which also calls for the creation of a State Observatory of Delinquency and the change in the Retail Trade Law to avoid unfair competition has been supported by PSOE, PP, VOX, Unidas Podemos, ERC, PNV, Foro Asturias and the Cup, among other formations.

The majority have requested that the legislative process be agile so that the new rule can come into force in January 2021 although the PSOE, PP, Vox and PNV have announced that they will introduce amendments to modify it.

The JxCAT deputy Ferrán Bel has indicated that his formation is willing to reach agreements and has warned that the measures «punctual»To provide liquidity to SMEs with ICO guarantees, they do not end the lack of corporate cash caused by the«scourge»Of delinquency.

«SMEs and freelancers today are less competitive than companies in other countries because they have the serious problem of business delinquency”, He said after noting that the latest data show that the average payment period for business activities is 85 days and that of IBEX companies 169 days.

The PSOE deputy María Ángeles Marra has advanced that her parliamentary group will present substantial changes in the Law to make a simpler sanctioning regime, avoid the creation of the State Observatory against Delinquency whose function is already exercised by the Ministry of Industry and to allow the parties can agree on payment terms on certain products.

Socialists also consider «unaffordable»The change in the VAT law as it would generate a loss of collection.

PP deputy Miguel Ángel Paniagua has said that his party will also propose amendments to improve business liquidity and that some SMEs “Do not suffer financial exclusion”.

The deputy of Vox Inés Cañizares has advocated that the administration that imposes the sanction is also fined if it does not meet the legal payment deadlines and the deputy of United We Can Lucía Muñoz has defended the inclusion of “soft” lines of credit to help finance the pymes.

Joan Capdevilla from ERC has stated that “it is no longer possible to allow” large companies to be financed by small ones and has thus defended a system of dissuasive fines.

From Ciudadanos, the deputy María Muñoz has been in favor and has asked “Park ideological agendas” to pass a law beneficial to companies and the economy because “it is an aberration for administrations to finance themselves at the cost of not paying bills.”

Muñoz added that delinquency “bankrupt companies and ruins family” and represents a “Lack of equal opportunities”, for which he has asked that there be no amendments «transactional»Between parties that approve the payment agreement between the parties.

PNV deputy Idoia Sagastizabal has stressed that they support the initiative but will amend it, since they do not share that the sanctioning regime is limited to companies and not to administrations, and has advocated for a dissuasive ethical code and for eliminating the part of the law that asks to modify the VAT. Foro Asturias y la Cup has also supported the proposal.

Joy of SMEs

«The sanctioning regime will prevent the payment chain from breaking by ensuring that companies pay within the legal term (60 days), reducating the need for financial indebtedness of many SMEs and freelancers. In this way, liquidity will be injected into the system and the competitiveness and productivity of the companies will be improved ”, assures the president of the PMcM, Antoni Cañete.

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