BackThe BOE of April 4th published the modifications of the Economic Agreements with Navarra and the Basque Country. Law 8/2023, which amends Law 28/1990 and approves the Economic Agreement between the State and the Autonomous Community of Navarre; Law 9/2023, which amends Law 12/2002 and approves the Economic Agreement with the Autonomous Community of the Basque Country; and Law 10/2023, which approves the methodology for the assessment of the Basque Country quota for the five-year period 2022-2026, have been published.
Economic Agreement of Navarra
The Economic Agreement between the State and the Autonomous Community of Navarre provides that, in the event of a substantial reform of the State’s tax legislation, both Administrations will proceed to adapt the Economic Agreement.
Among all the measures, it is worth mentioning the establishment of connection points to distribute the levy of the Special Tax on Non-Reusable Plastic Containers; the modification of the connection points applicable to the Tax on Fluorinated Greenhouse Gases; the application of the Temporary Solidarity Tax on Large Fortunes; and the regulation of the mechanism for the adjustment to consumption of the Special Tax on Non-Reusable Plastic Containers and the Tax on Fluorinated Greenhouse Gases in order to perfect the imputation of Revenues in these figures.
Economic Agreement and Quota in the Basque Country
The Law establishing the Economic Agreement and Quota in the Basque Country is due to adapt the agreement to the latest changes in the tax system. The measures are the same that characterize the Economic Agreement of Navarre.
With respect to the new taxes incorporated, connection points and an adjustment mechanism are established to perfect the imputation of the income corresponding to each Administration. A transitory rule is incorporated to delimit the temporary effects of the modifications introduced in the Agreement.
Among the novelties of the quota of the Basque Country for the five-year period 2022-2026, the adaptation of the VAT (motivated by the VAT reform aimed at simplifying its application in cross-border e-commerce) consumption adjustment methodology and the setting of the criteria and parameters for the application of the consumption adjustments of the Special Tax on non-reusable plastic containers and the Tax on Fluorinated Greenhouse Gases stand out.
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