New taxes the State transfers to the Principality of Asturias

Automatic summary, not yet reviewed

1. The State transfers to Asturias the revenue from several taxes: 50% of personal income taxincome tax The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings. (IRPF), 50% of VAT, 58% of the special taxes on beer, wine, intermediate products, alcohol, hydrocarbons and tobacco, and the full Wealth Tax, Inheritance and Gift Tax, Transfer Tax and Stamp Duty, Gambling Taxes, Electricity Tax, IEDMT and IVMDH.
2. The scope and conditions of the transfer are those set out in Law 22/2009 on the regional financing system. Asturias also takes on the power to resolve economic-administrative appeals concerning the transferred taxes.
3. Asturias may enact its own legislative rules on the transferred taxes, in the cases provided for in Law 22/2009, and must send draft rules beforehand to the General Commission on Autonomous Communities of the Senate.
4. For the IVMDH and the IEDMT, the State Tax Agency will keep managing these taxes until the related services are transferred to the Autonomous Community. The same applies to economic-administrative appeals: current bodies will handle them until the effective takeover.
5. For personal income tax (IRPF) in 2010, the tax scales and rates set out in Law 35/2006, as amended by Law 22/2009, apply.
6. The law repeals the previous Law 20/2002 on the transfer of taxes to Asturias, as of January 1, 2009. It takes effect the day after its publication in the Official State Gazette (BOE), but applies retroactively from that same 2009 date.

Who it affects

• Taxpayers in Asturias, because the transferred taxes are now managed and regulated by their Autonomous Community.: Direct
• The Principality of Asturias, which receives the revenue from these taxes and gains regulatory and appeal-resolution powers.: Direct
• Companies operating in several Autonomous Communities in the IEDMT and IVMDH areas, because the State tax administration may inspect them.: Direct

Words worth knowing

Cesión de tributos (transfer of taxes)

The State lets an Autonomous Community keep all or part of the money collected through certain taxes.

IRPF (personal income tax)

Impuesto sobre la Renta de las Personas Físicas: the tax paid on wages and other personal income.

IVA (VAT)

Impuesto sobre el Valor Añadido: the tax paid when buying almost any product or service.

IEDMT (special tax on certain means of transport)

Impuesto Especial sobre Determinados Medios de Transporte, commonly known as the vehicle registration tax.

Reclamación económico-administrativa (economic-administrative appeal)

An appeal a person can file when they disagree with a decision by the tax administration.

income tax

The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings.

It summarizes the law as published in the BOE. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries