In turn, within the common system, the Canary Islands has a specific economic and tax system due to historical and geographical reasons, that has been adapted, which has been regulated taking into account the European Union's provisions regarding ultraperipheral regions.
Ceuta and Melilla are two cities that participate in autonomous financing in accordance with their Statutes of Autonomy and also the local tax offices' financing system. They also have a special indirect tax system, by virtue of which they collect Production, Services and Import Tax, instead of VAT.
The rest of the resources that these communities have should be added together with the resources that the financing system provides the Autonomous Communities: own taxes, transfers from the National Budget, European Union funds, etc. Similarly, the Autonomous Communities can obtain financing through indebtedness under the terms established by current law.
Articles 156 to 158 of the Spanish Constitution refer to the Funding System of the Autonomous Communities. Similarly, it recognises the particularities of "foral" (Navarra) territories and the Canary islands.
For more information: