To be allocated to autonomous communities

Spain: An agreement for the distribution of gaming tax signed

(Spain).- In the meeting of the Council of State and Financial Policies, an agreement has been reached on the distribution of the collection of the new tax on gaming activities, according to the temporary sixth regulation on gaming.
2011-08-02
Reading time 38 seg
(Spain).- In the meeting of the Council of State and Financial Policies, an agreement has been reached on the distribution of the collection of the new tax on gaming activities, according to the temporary sixth regulation on gaming.

Income derived from this tax will be comnpletely allocated to autonomous communities, as the law indicates, as long as the tribute is not incorporated as a tax assigned to regulatory taxes of the financial system. The only exemptions will be those related to taxes applicable to non-residents and residents in Ceuta and Melilla and mutual as sportsbooks and state horse race bets.

On top of this agreement, it remarks the commitment acquired by autonomous communities with the aim to set out, before their respective regional parliaments, in a maximum deadline of six months, the approval of a rule of expenses consistent to the already approved by the Council of Ministers last July 1st for the General Administration of the State and local entities.

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