MINISTERIO DE HACIENDA Y ADMINISTRACIONES PÚBLICAS

Entry into force: 1 January 2003.

Principles that are common to the various local taxes:

1. The limitations or conditioning factors that existed according to the population are eliminated, which means that the maximum rates in the new system are those that were previously authorised as the maximums for municipalities with a greater population.
2. Existing taxes continue to be mandatory and discretionary in their current configuration.

Mandatory:

• Property Tax
• Economic Activities Tax
• Tax on Mechanical Traction Vehicles

Discretionary:

• Tax on Constructions, Installations and Works
• Tax on the Appreciation of Urban Lands

For more information:

• Liaison agencies with Local Corporations
• Directorate General of Financial Coordination with Local Entities
• Local financing legislation