SANTA CRUZ DE TENERIFE, March 25. (EUROPE PRESS) –
The Canarian Vice President and Minister of Finance, Budgets and European Affairs, Román Rodríguez, signed this Friday the order for the return of 99.9% of the fuel tax to carriers, farmers and ranchers of the archipelago until next July 31 and with retroactive effect from March 1.
Rodríguez specified that the exceptional measure is adopted to alleviate the production costs of these sectors, multiplied by the increase in fuel prices.
The order eliminates, de facto, the Special Tax on Petroleum-derived Fuels for professional carriers, which until now represented half of what was applied in the rest of the State and, of that half, they only had to pay 32%, since the another 68% was returned to him by the Canarian Government.
Since the IGIC of the fuel is taxed at type 0, this means that carriers will not be taxed at all, while in the other autonomous communities a VAT of 21% is applied.
According to the operative part of the order, the inflationary pressures that have been recorded in recent months, now aggravated by the Russian invasion of Ukraine, have caused an increase in fuel prices, which have their corresponding transfer to the Index of Consumer Prices.
The return “constitutes an element that technically should have a positive impact on consumer prices and should be accompanied by a containment of the same in the benefited sectors,” says the rule.
A HISTORICAL RETURN
The partial refund of the Special Tax on Fuels Derived from Petroleum is included in its own regulatory law, which dates from July 1986.
It specifies that farmers and carriers will be entitled to a partial refund of the tax levied on professional gasoline and diesel used by vehicles that are used for the development of agricultural, livestock and transportation activities (discretionary and regular passenger, of goods and taxi drivers) and whose data is duly registered in the Census of Farmers and Carriers.
The tax is currently 26.5 cents per liter in the case of gasoline and 22.2 cents in the case of diesel.
Of these amounts, the Government returns 68% since 1986 to carriers, farmers and ranchers, a return that now and until July 31 will be practically complete, collects the note from the Ministry
NO TO THE GENERALIZED TAX REDUCTIONS
Rodríguez insisted on the specific, temporary and sectoral nature of the measure adopted, in the face of generalized tax cuts, which he opposes because “they seriously affect the provision of essential public services and prevent the administration from adequately assisting the most weak”.
The vice president recalled that the Executive is committed to making selective adjustments such as the one approved this Friday and such as those applied in the case of the eruption in La Palma and Covid-19.
Precisely, the Treasury has adopted numerous measures since the beginning of the pandemic to alleviate the tax obligations of taxpayers regarding medical equipment, to which they added others in favor of those affected by the eruption.
In the latter case, there are two decree-laws on exceptional tax measures for the reconstruction of homes, both on rural and urban land, which relieve the fiscal pressure for the victims.
