taxes latest publications
The country only collects 14% of GDP for tax purposes. Not only does this represent the lowest level of all the countries that are part of the Organization for Economic Cooperation and Development (OECD), but it is also lower than the collection levels of most Latin American countries.
October 29, 2019
The Evolution of Financing For Autonomous Communities Under the Common System, 2002–2017
This paper establishes homogenized series of regional financing, based on homogeneous competencies and fiscal effort, between 2002 and 2017.
Economic package reinforces signals of fiscal discipline by establishing a primary surplus target at a weak period of the business cycle.Consequently, it is positive that the federal government has proposed a primary surplus of 0.7% of GDP instead of the 1.3% that it had suggested in Pre-Criteria of economic policy for 2020
One of the most hotly debated political issues during the last elections was the margin that Spain has for raising and lowering taxes.
Despite the reduced fiscal space, we consider it desirable to boost private consumption and, by the same token, aggregate demand by reducing the target for the 2019 primary balance to 0.5% of GDP.