The Basque Finance Council will meet next Wednesday to analyze and define what should be the distribution between the areas of what will be collected in 2023 and 2024 through temporary banking and energy tariffs.
The Basque institutions are studying this month what it will be the fate of the more than 400 million it is estimated that Euskadi could receive in two years through the new taxes approved in the last Mixed Concert Commission for companies energy and banks.
The Minister of Economy and Finance of the Basque Government, Pedro Azpiazu, appeared in the Basque Parliament this Friday to report on the outcome of the said commission of 27 December last year.
Azpiazu has announced that the following 15 February The Basque Finance Council, in which the institutional levels of the community are represented, will analyze how the funds obtained through these temporary tariffs will be spent, so that the internal distribution can be determined later between the areas.
The adviser recalled that it had been agreed in the Joint Commission that the Spanish state will finance the Basque Country to face the “exceptional economic and social consequences” of the war in Ukraine and the supply problems caused by the pandemic.
This financing will amount to 6.24% of the volume of revenue collected by the state, generated by temporary taxes on energy companies and banks in 2023 and 2024. In these two years, the Basque Country could receive between 400 and 450 million euros.
Azpiazu explained that the Autonomous Community must fully assume “the definition and management of that support that the State finances exclusively through the collection of both taxes”, which were defined as “patrimonial benefits of a non-fiscal public nature”, in order to what reason it was consultation is not possible because it has been done with the tax on large fortunes, also approved in the above committee.
will the General Meetings that those who include the tax figures in the foral systems be formed after May elections in the three territories so that the haciendas can “start collecting as soon as possible”.
In response to questions from the groups, Azpiazu expressed the hope that if the temporary solidarity tax of the great fortunes the Constitutional Court does not rule against it and that the haciendas do not have to “go back” to the previous situation and return what they could have collected.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
