Wed. Jul 17th, 2019

Madrid will only respect the REF when the Canary Islands know their province well - La Provincia

Madrid will only respect the REF when the Canary Islands know their province well - La Provincia

"Who will know all the ins and outs of ourEconomic and Fiscal Regime? ",asked this Wednesday the director of the Chair of the REF of the ULPGC,Salvador Miranda.In this way, he analyzed themistakes made by the central governmentsince last November the reform of the norm designed to compensate for the problems faced by the Canarian economy due to the remoteness of the continent and the fragmentation of its territory was approved.

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Miranda expressed himself in these terms during the presentation of the fifth volume of the collection promoted by the chair he directs. The book is titledThe update of REF. The Atlantic ultraperity: economic and fiscal measures,and it reviews precisely the changes undergone by the island law. In addition, it is the first document to evaluate the measures implemented in Law 8/2018, approved in November and which marked the first significant change in the economic part of the REF in 24 years.

The director of the chair described as "essential" the historical part contained in all the works published to date and advocated strengthening the work of dissemination."Children have to understand that we have a jurisdiction as important as that of the Basques",explained from the conviction that the full knowledge on the part of the canaries of the rules that compensate the structural deficit of their territory will prevent Madrid from defaulting.

"They ate the fan ofdeductions for investmentsthat we have ", Salvador Miranda added about the ignorance of some specificities contained in the REF by the central Executive, which generates periodic clashes with the Islands.

The work isthe first one that addresses the measures implemented last Novemberand that supposed the first change of draft in the economic part of the REF in 24 years. Among the major changes that bring it to the present are the inclusion of renewable energies or the recognition of the ulverability of the Islands.

For his part, the Deputy Minister of Economy of the Canary Islands Government,Ildefonso Socorro,which prefaces the book, announced the beginning next month of "a new study on the costs of the Canarian economy".

Through him, the European authorities will evaluate "theproportionality of operating aids ".That is to say, Brussels will measure the impact that incentives have on the economy such as the Reserve for Investments (RIC), the Investment Deduction (DIC) or the Arbitration for Import and Delivery of Goods (AIEM).

Another novelty included in the book is the comparison of Canarian taxation with that of other outermost regions, in this caseMadeira and Azores.Around this, José Andrés Dorta, member of the chair and coordinator of this fifth installment with Miranda and José Juan Déniz, outlined the largest indirect taxation that Madeira supports.

"They do not have VAT, but VAT and the rates are: 5%, the reduced, 12%, the general, and 22%, the increased". In addition, he explained that both Portuguese archipelagos"assume the loss of income"whenever they decide "to establish fiscal incentives". Therefore, any reduction of taxes they support with their own coffers and, later, they fight with Lisbon an increase of the transfers to attenuate the losses.

The edition of the collection is financed bySocial Council of the ULPGC and the Círculo de Empresarios de Gran Canaria.The president of the first of them,Angel Tristan,He highlighted the desire of the chair to explore until the last recess of the REF. "As it is being investigated, new fronts are discovered", which in his opinion is propitiating "the construction of a monumental work".

Representing the Circle,José JiménezHe reviewed some of the contents that the Gran Canaria business lobby understands to be the main ones. Among them, he emphasized the comparative analysis between the Canarian indirect tax, the IGIC, and the VAT of the peninsular Spain, and the conclusion of the "discriminatory treatment" that the former support.

In the historical chapter, Salvador Miranda addresses on this occasion the exception established by the Crown "in the seventeenth century allowingthe export of Canarian fruits to America ".It is just one of the many occasions in which the Spanish State has recognized the need to articulate exceptional measures for the Islands to "develop as a society".


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