International edition
September 21, 2020

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.

I

ncome 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.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook