Real estate traction doubles revenue of Generalitat in Alicante in two years

that beautiful moment real estate market leaving the province a good nip in the coffers of public administrations and especially, generalitat, the principal beneficiary of Inheritance Transfer Tax and Documented Legal Transactions Tax, which are paid on every purchase and sale of a property. The attraction of these two taxes lies behind the magnificent evolution in the collection of the Valencian Tax Office (ATV) in Alicante. doubled in just two yearsaccording to the last balance of the managing organization Sonia Diaz.

Thus, the 2022 fiscal year was closed with a slight decline. recognized collection rights for all concepts 1,176 million Euros, 30.9% more Compared to the previous year, there was a significant jump in the collection of the District Administration. Hence, the figure represents more than double what was obtained in 2020Assembling ATV in Alicante 612 million.

As Sonia Díaz recalls, this increase “more resources for Generalitat to finance public services It is a “Lender” and at the same time the way all citizens benefit from the boom in the real estate sector.

ATV Director Sonia Díaz with Spanish Finance Minister Arcadi. Information

Because the district manager himself is aware that much of this drive is business-related. home buying boom registered in the region since the end of the pandemic Property Transfer Taxpaid with second-hand housing transactions or Documented Legal Transaction Tax (AJD) also affects new construction.

In the first case, the volume of those collected increased from 378 million in 2020 to over 577 million in 2021 and almost 807 million last year. AJD’s revenue also rose from 95 million two years ago to 132, which they closed in 2022.

And the good news is, according to Díaz, it seems so for now. market dynamism continuesthus, the forecasts for this year remain “optimistic” even though they do not foresee new increases.

However, it should be noted that most other taxes collected by Generalitat also made progress over the past year, with the exception of those paid by Generalitat. 29.7% falling donations and 5.2% falling corporate activities.

On the contrary, the income from the company wealth tax to 54.1 million, an increase of 23.9%; and one one after another It added another 12.9% to reach 116.6 million. Likewise, the relevant taxes game This amounted to 55.9 million euros, which is 36.2% more according to the same sources.

Ease of payment for taxpayers

One of the main lines of business that the Valencia Tax Office will impact this year will be facilitating taxpayers’ compliance with their tax obligations. To do this, the agency wants to improve the tax information available to it so that the process is streamlined when paying any tax, such as in the drafts that the State Tax Office has at the time of filing. made. Of course, for the time being, the regional body is aware that the AEAT still has a long way to go before it reaches the end it has reached.

Source: Informacion


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