The communities lower many taxes, but raise the mortgage because the bank will pay

The communities lower many taxes, but raise the mortgage because the bank will pay

The tax reduction will be on IRPF, Patrimony, Inheritances and Donations, and also the own tributes do not grow in an electoral year

  In this electoral year the autonomous communities carry out a tax reduction, both those related to Personal Income Tax, Patrimony, Inheritances and Donations, as well as own taxes, which do not grow with respect to 2018. This is revealed in the report 'Panorama de la Fiscalidad Autonómica y Foral 2019 'of the General Council of Economists and the tax advisors of the REAF.

The only tax that the autonomies raise will be the Documented Legal Acts (AJD) of the mortgages because after the judgment of the Supreme Court it will have to take charge of it the banking entities, reason why the governments have decided to reduce the bonuses to the citizens. For example, Catalonia abolishes the reduced rates and others such as Asturias, Baleares, Canarias, Murcia and Comunidad Valenciana raise it.

  The income tax (IRPF) reduces its rate in the Canary Islands, Murcia and Madrid and new deductions are created in Cantabria, Galicia, Comunidad Valenciana and, again, Canarias and Madrid.

The Heritage Tax, for its part, reduces its rate in Galicia and the Basque Country (Guipúzcoa). Thus, Aragon remains as the region with the highest tax burden in this tax because with a fortune of 800,000 euros there are paid 1,164 euros a year, while in those that less, like Madrid, it is free because it is 100% subsidized.

In third place, in Successions and Donations, Aragón, Cantabria, Navarra, Canarias and Madrid increase the bonuses this year. For example, in the case of the capital, they are almost completely rewarded if they are direct heirs, and this year introduces 15% for siblings of the deceased and 10% for uncles and nephews. Aragón establishes a reduction of 15,000 euros to brothers of the deceased, Cantabria increases to 100% the bonus of the direct heirs and Canary Islands increases to almost the total the bonus for those of group III of kinship.

The «jungle» of tributes

And in the case of the own taxes of each autonomous community, this year they will remain in 81, the same number as the previous year, something that the experts of the Council of Economists celebrate when valuing like an "unexpected jungle" the great amount of tributes autonomic The problem is that they only collect 2.1% of the tax revenues of the communities (2.196 million last year) and of these 61% of the obtained corresponds to environmental taxes, mainly emissions, gases and water.

For all these reasons, they recommend a global review of the taxes linked to regional financing and, especially, the state organization of the essential elements of own taxes.

The president of the General Council of Economists, Valentín Pich, said during the presentation of the report that in 2018 a record collection will be achieved in the IRPF, VAT and special taxes for the good evolution of the economy. They calculate that in income tax collected up to November 77,000 million and another 67,000 euros in VAT.