Nature of the tax incentive the state considers that some economic activities are essential for the development of a country's economy, and then grants certain exemptions in the payment of taxes related to them. Thus, related business entities may be encouraged to channel their economic resources to these specific areas. So, the tax agency will see its taxes reduced. In the long run, the benefits are for the entire economy in general. The end pursued by the state is the common good. It should be noted that such tax incentives are not granted solely for the issues mentioned above.
The government may also grant tax exemptions for other reasons. For example, to certain passive subjects of taxes, for the conduct maintained in their economic activities. Spending or investment: depending on how you look at it are tax incentives an expense or an investment? There whatsapp number list is a majority opinion of economists and tax experts that considers that the incentives are a tax expense and not an investment for the state. They consider that these resources should be used via the national budget, channeled into productive activities.
Inesem business school master in international taxation more information others see such incentives as an investment, ultimately promoting economic development. Tax incentives today tax incentives in spain are currently in the spotlight. A report has recently been collected in which it is stated that up to 35,000 million euros are allocated each year to these reliefs. They could be being frauded or not fulfilling the purpose for which they were created. Now, these are part of the tax advantages that spain offers its taxpayers . Approximately 77,000 million euros are estimated for this year between personal income tax, vat and companies. This amount represents a figure equivalent to 6.5 percentage points of gdp, as well as half of the aid expected to be received from the