Court provisionally suspends collection of the second installment of the wealth tax scheduled for May 4

May 4, 2026

TL;DR

The Constitutional Court has suspended the collection of the second installment of the wealth tax for non-profit entities and those in liquidation.
The second payment was originally scheduled for May 4.
The decision was made by a six-to-three vote, with several judges saving or clarifying their votes.
Business groups had criticized the tax for its potential negative effects on investment decisions and company cash flow.
Experts warn the tax could disincentivize investment, create liquidity problems, and lead to increased costs for consumers.
The private education sector also estimates significant financial impacts from the new tax.

Continue reading the original article