nep-acc New Economics Papers
on Accounting and Auditing
Issue of 2006‒08‒19
four papers chosen by
Alexander Harin
Modern University for the Humanities

  1. Personal Income Taxation: The Cornerstone of the Tax System in Democratic Spain By Desiderio Romero Jordán; José Félix Sanz
  2. The Business Community, Policy Makers, and Tax Reform in Spain (1977 - 2004) By Emilio Albi
  3. The Evolving Role of the Corporate Income Tax in Spain By Raquel Paredes Gómez
  4. Environmental Taxes in Spain: A Missed Opportunity By Alberto Gago; Xavier Labandeira; Fidel Picos; Miguel Rodríguez

  1. By: Desiderio Romero Jordán (Universidad Rey Juan Carlos); José Félix Sanz (Universidad Complutense de Madrid)
    Abstract: The aim of this chapter is to explain the most significant events during the lifetime of the personal income tax (PIT) which, since its introduction, has become the form of taxation most widely known by Spanish taxpayers. We will therefore describe its historical origins, analyze its significance within the Spanish tax framework and offer a statistical evaluation of the tax since it came into force. We will also review the three most significant processes of reform since 1978. The first was in 1991 under the Socialist government of Felipe González; the other two were carried out in 1998 and 2002 by José María Aznar's Partido Popular government.
    Keywords: Personal Income Taxation,Tax System, Spain, Tax Reform
    Date: 2006–06–01
  2. By: Emilio Albi (Universidad Complutense de Madrid)
    Abstract: Over twenty-five years have passed since the original predecessors of today's Personal and Corporate Income Taxes came into force on January 1, 1979 and since the Urgent Measures on Tax Reform were published on November 14, 1977. The latter signaled the start of a major reform process aimed at modernizing Spanish public finance, which continues today. With the perspective of time, this long fiscal reform process contains elements of considerable interest for the analysis of taxation. Personally, so many years of tax reform in Spain places one in an ambivalent position. On the one hand, it is stimulating to study, with the objectives I will soon establish, such an important issue as a country's tax reforms over such a lengthy period. On the other hand, and this is slightly less pleasant, one of the possible comparative advantages I have when considering these matters is age; having been an active witness of the preparation and onset of the 1977-78 tax reform and the large number of changes made since then.
    Keywords: Tax Reform in Spain, Corporate income tax, Spanish public finance, fiscal reform
  3. By: Raquel Paredes Gómez (Universidad Complutense de Madrid)
    Abstract: The aim of this chapter is to analyze the structure and performance of the Corporate Income Tax in Spain over the last 25 years. We will study the reasons, principles and objectives of the reforms undertaken and will examine the context of these amendments through the evolution of the basic components of the tax. . Besides, we will study the performance of the CIT from a revenue viewpoint and we will describe the principal results of the empirical studies that analyze the neutrality and competitiveness of the Spanish CIT. Finally, we will discuss some aspects of the reform which are still pending.
    Keywords: Corporate Income Tax, Spain, tax reform. Spnish CIT
    Date: 2006–01–01
  4. By: Alberto Gago; Xavier Labandeira; Fidel Picos; Miguel Rodríguez (Universidade de Vigo)
    Abstract: In this chapter we describe and assess the Spanish experience with environmental taxes in the last several decades, and formulate several suggestions for future developments in this area of tax reform. We first deal with the theoretical and policy contexts for environmental taxes and the so-called green tax reforms, to proceed with an enumeration of actions by the different levels of government in Spain . We show how the central and local governments' stand has not been favorable to the use of these tax instruments due to political beliefs and legal constraints, which have led to a poor energy and environmental performance in comparative European terms. At the same time, the lack of interest of central and local governments in such taxes has fostered an intense regional design and implementation in this field, mainly on emissions to air and waters. These applications share positive and negative aspects, as they contribute to internalize negative environmental effects, but often do so in an inefficient way with a clear revenue-raising component. We conclude that a serious and comprehensive use of environmental taxes in Spain should take into account optimal jurisdictional allocation and the presence of new regulatory approaches in environmental policies, with a focus on some specific fields such as waste, transport and tourism.
    Keywords: Environmental Taxes,Spain,Tax reform. environmental policies
    Date: 2006–01–01

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