Información adicional
The Economic Agreement is a pact between the Basque Country and the rest of Spain. It basically says that all taxes (except social security contributions) belong to the Basque Country and that the Basque Country will annually pay a Quota to the Central Government as a compensation for its expenditures in the Basque Country. The Economic Agreement model of fi nancing dates back to 1876 and it is the only last remaining prerogative of a wider set of rights, the Fueros (Charters), the Basque Territories had since the 12th and 13th centuries when they joined the Crown of Castile.
The purpose of this book is to analyze and explain the Economic Agreement: what it is, its historical origin, the use made by the Basque Country of the tax autonomy given by the Economic Agreement and the economic implications of the Economic Agreement. The book also reviews the differences and similarities between the fi nancing systems of Foral Autonomous Communities (the Basque Country and Navarre) and the other Autonomous Communities in Spain (the so called Common system of fi nancing). The last part of the book shows the compatibility of the Economic Agreement with the EU regulations.
I want to thank Ad Concordiam non profi t association1 for its support editing and publishing this book. The comments and suggestions made by Gemma Martinez, Jose Gabriel Rubí and Joseba Agirreazkuenaga have been extremely helpful and have greatly improved the book. Needless to say, all the remaining errors are my own.
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