The BOE publishes the renewal of the Basque quota, establishing a contribution of 1472 million euros to the state

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It also includes the amendments to the Economic Agreement and the Navarre Agreement, with the agreement of new taxes.

The Government Gazette (BOE) published the bill on Tuesday that would quota for him five-year period 2022-2026establishing a provisional contribution from the Autonomous Community of the Basque Country to the Spanish State 1472 million eurosin addition to the amendments to the Economic Agreement and the Navarre Agreement, with the consent of new taxes.

After processing in the Cortes, the BOE includes all these three renewals of the laws negotiated bilaterally between the Spanish government and the executives in various committees.

The bill to amend the Economic Agreement states that the Estates of Álava, Bizkaia and Gipuzkoa They will start administering new taxes, such as the special tax on non-reusable plastic containers or the temporary tax of solidarity of large fortunes, as established by the December 27 Joint Commission.

Concerning the agreement with Navarreincludes, among other things, the interplay of the tax on banks and energy companies and the tax on disposable plastic, with which the provincial government wants to collect a total of 104 million euros in 2023 and 2024.

In the case of the new large wealth tax which will be applied in the state, Navarre will adopt it with its own regulations, but it will not be applied in practice, as in the Foral community the heritage tax remains in place.

As for the temporary taxes on energy companies and financial entities, in 2023 and 2024, Navarre will receive 1.6% of the revenue volume generated throughout the Spanish state.

As for the Basque quota, the extension of the five-year law is the result of the meeting of the Joint Commission between the central executive and the Basque government, where it was determined that the imputation index is maintained at 6.24%, and a provisional contribution of the base year of 1472 million euros.

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Source: EITB

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