Ministry of Finance PORTAL INSTITUCIONAL DEL MINISTERIO DE HACIENDA

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Administrative Procedures

General Information

Name

Local Authorities The deduction of the state's share of taxes for the satisfaction of debts owed to public creditors.

Type of procedure/service
Economic and Asset Management
Subject
Financing of Local Entities
SIA code
991541
Description

Reduce the percentage of retention up to the limit of 25% of the payments on account of the municipalities and provinces in order to recognise and secure the rights of the State, the Social Security and the Official Credit Institute, to alleviate the cash shortages of the local entities, justified by the City Council (or, where appropriate, by the Provincial Council), and generated by the provision of necessary and compulsory services.

Body responsible for the procedure
Secretariat-General for Regional and Local Financing (E04995702)

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