The Consell Econòmic i Social de la Comunitat (CES CV) considers that the suppression of the Inheritance and Donation Tax announced by the Valencian Government "will mean a decrease in income in the Valencian Community."
He argues this in his analysis of the principles of organization of the tax system and also in the review of the economic report of the Draft Law, since regarding the 231.53 million euros of economic impact of the measure, the CES CV recalls that the collection The tax has been "substantially higher in the last two years", which is why it calls for its review.
In this sense, the Consell maintains that the incidence of the tax on total public income represents barely 1% of the income foreseen in the budget of the Generalitat and that in donations it is 0.1% of public income.
The CES CV also states that, in its annual reports, it has confirmed that there is "a global insufficiency of resources to cover the expenses of the autonomous communities, with the consequences that this has, above all, in the provision of fundamental public services "And he warns that the Draft Law presented by the Generalitat Valenciana "follows the line" adopted by other autonomous communities with a common regime such as Andalusia, the Canary Islands, Cantabria, Castilla y León, the Community of Madrid, Extremadura, the Balearic Islands, and the Region of Murcia.
Only Asturias, Catalunya and Castilla-La Mancha have high rates, and Aragon has already announced that it will also lower them.
These are some of the conclusions that the CES CV includes in its mandatory - but non-binding - opinion on the Draft Law, issued yesterday as an "urgency", and analyzed at the request of the Ministry of Finance chaired by Ruth Merino, spokesperson councilor.
In its text it also warns of insufficient data on issues "as relevant to the Committee as the renunciation of inheritances or the maintenance of productive activity and its impact on employment", which is why it calls for "as many measures as possible" to be adopted. in collecting disaggregated data for the necessary analysis prior to the adoption of regulatory changes in tax matters.
Likewise, it recommends that regulatory modifications in the tax area analyze the total fiscal impact on citizens, workers and the business community, as well as a comparison with respect to what these groups contribute in other territorial enclaves.
And it also focuses on the rural area due to the problem of depopulation, and demands differentiated taxation and other fiscal incentive measures due to the impact that the law may have on rural areas. "The needs presented by areas at risk of depopulation should be addressed with special sensitivity and fiscal incentives should be contemplated in all types of taxes for people and companies in said areas, without prejudice to the tax benefits that are currently applied," supports the opinion.
The opinion of the CES CV also seems to show some sensitivity to business demands by highlighting "the important role of small and medium-sized companies" and demanding that the Law take these situations into consideration and that "tax measures be adopted in due course." necessary to facilitate succession in the family business".
And after the announcement of the tax bonus made by the Consell, the CEV employers' association asked to extend the bonus on transfers to third-degree members - nephews and uncles - within the family business, as well as to those made in favor of people outside the family, but "long linked to the company."
