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10th Ituna Conference on the Quota
Sunday, 13 de March de 2022

On 28 March, the “10th Ituna Conference – The Quota in the light of its negotiators and protagonists (1841-2022)“, organised by the Ituna Centre and Ad Concordiam, will be held. The event will take place at 8:30 a.m. in the Baroja Hall of the Bizkaia Aretoa (UPV/EHU) in Bilbao, with the aim of analysing and reflecting on the evolution of the quota from its origins to the present day, paying special attention to the current quota system, developed since 1981.

In addition to the historical perspective, the conference will feature prominent figures involved in the negotiations between the central administration and the Basque administrations that have determined, since 1981, the methodology of the Basque Country’s contribution to the financing of non-assumed burdens.

Registration for attendance in person is free and can also be followed via streaming.

Registration at the web site of the Documentation Centre of the Economic Agreement and Foral Treasuries.

Programme

The Ituna Center for Basque Economic Agreement and Fiscal Federalism Studies announces a prize for the best Master´s Thesis and Bachelor´s Thesis in 2021
Wednesday, 2 de March de 2022

The Centre for Documentation and Research on the Economic Agreement and the Local Treasuries, together with the Faculty of Economics and Business (UPV/EHU) and the Department of Treasury and Finance of the Provincial Council of Bizkaia have announced the 1st Ituna Prize to award the best Master’s Thesis (TFM) and Bachelor’s Thesis (TFG) defended in 2021 that are related to the subjects of the Economic Agreement and the Local Treasuries, from any perspective, such as taxation, history, sociology, law, economics, etc.

The works competing for the prize may be presented in Spanish, Basque, English or French, and must have obtained a minimum mark of 8.

The winning works will be eligible for publication in the “Research Collection” of the Association for the Promotion and Dissemination of the Economic Agreement Ad Concordiam.

Announcement of the 1st Ituna Prize

Conference on the Economic Agreement the University Of Deusto
Saturday, 26 de February de 2022

On 3 March, the University Master’s in Tax Consultancy is organising the 1st Deusto Conference on the Economic Agreement in which Gemma Martínez Barbara, Deputy Director of Tax Consultancy and Policy of the Regional Treasury of Bizkaia, will participate as keynote speaker with the lecture “Challenges of the Economic Agreement in the era of global taxation”.

Afterwards, the Round Table “Past, present, and future of the Economic Agreement” will be held.

Link to the Conference

The Minister of Economy and Finance defends the role of the Economic Agreement at the OECD headquarters
Saturday, 26 de February de 2022

The Minister of Economy and Finance, Pedro Azpiazu, held a meeting on 28 January in Paris with the Director of International Taxation of the OECD, Pascal Saint Amas. At this meeting, the Minister defended the role of the Economic Agreement in the field of international taxation, and the involvement of Basque institutions in the implementation of the measures approved in the BEPS project.

Azpiazu, accompanied by the Deputy Minister of Finance, Itziar Agirre, outlined the unique characteristics of the Basque tax system regulated by the Economic Agreement. He also took the opportunity to convey what he has reiterated to the State regarding the participation of the Basque institutions in the international forums where tax issues are discussed, which directly affect the Basque tax system.

More Information

The modification of the Economic Agreement has been published
Wednesday, 9 de February de 2022

The Official State Gazette of 9 February has published Law 1/2022, dated 8 February, modifying the Economic Agreement with the Autonomous Community of the Basque Country.

The amendment takes into account the agreements adopted by the Joint Economic Agreement Committee on 29 July 2021, which approved the new taxes on financial transactions and on certain digital services, as well as the new one-stop shop (OSS) VAT regimes.

The bill was passed in the Senate at the session on 2 February, with 253 members voting in favour out of 261 votes cast (5 against and 3 abstentions). A few days earlier, in December, it had been approved in Congress with 280 votes in favour, 57 against and 4 abstentions.

With the entry into force of the amendment to the agreed text, the local tax authorities will begin to manage the new taxes. Revenues collected by the AEAT (Spanish Tax Agency) since the new taxes came into force and which, in accordance with the agreed connection points, would have been due to the Historical Territories, must be made available to the local tax authorities.

Text of Law 1/2022