Vitoria (EFE).- The Basque Country collected 17,130 million euros in 2022, a 7.3% increase compared to the previous year, that is, 1,167 million more.
Indirect taxes grew above all (+7.4%), which contributed a total of 8,309.4 million in the three territories.
In this chapter, the rise of 6.3% in personal income tax (6,497.7 million) stands out.
The 6.3% rise in job retentions (5,994.1) is striking, indicating an improvement in the labor market.
Corporate Tax grew by 17% and contributed 1,351.2 million.
The Wealth and Great Fortunes Tax fell by 1% and the Inheritance and Donations tax decreased by 15.1%. Indirect taxation grew but to a lesser extent than direct taxation, since it remained at 2.4% more, reaching 6,564.1 million.
For VAT, more than 4,200 million were collected
The tax with which the Basque Country raised the most money (4,210.6 million) was VAT, which grew by 1.4%. However, another prominent figure among indirect taxes, that of Hydrocarbons, fell 3.1% to 1,480 million.
Last year was also the first year in which Basque treasuries collected the Tax on Certain Digital Services (known as the “Google tax”) and the Financial Transaction Tax (also called the “Tobin tax”). Through the first, 17.1 million euros were entered and through the second, 109.5 million.
Gipuzkoa did not reach the estimate
By province, Gipuzkoa was the only one that did not reach the collection forecast predicted in October by the Basque Finance Council, although it was barely 40 million short of achieving it. The Treasury entered 4.8% more than in 2021 and reached 5,598 million.
In Bizkaia, the CVF forecasts were exceeded by collecting 8,803.4 million euros in 2022, almost 670 million more than in the previous year, which translated into an increase of 8.2%.
Álava also fulfilled the calculations by entering 2,729.1 million, that is, 242 million more and an increase of 9.7%.
Collection exceeds forecasts
The collection slightly exceeds the latest forecast of the Basque Finance Council (CVF) which last October estimated that the public coffers would close 2022 with a collection of 17,109 million.
Looking ahead to 2023, its forecast is to enter 18,072.9 million: 2,838.2 in Álava, 9,295.9 in Bizkaia and 5,938.6 in Gipuzkoa.
The Basque economy grew by 2.1% in the fourth quarter
The Gross Domestic Product (GDP) of the Basque Country grew by 2.1% in the fourth quarter of last year compared to the final stretch of 2021. This is 0.2% more than in the three previous months, according to the Authority Independent Fiscal Responsibility (AiRef).
These estimates are lower than those published a fortnight ago by the Basque Government, which in the advance of the quarterly accounts estimated interannual economic growth between October and December at 2.8% and interquarterly at 0.4%.
The joint growth of Spain stood at 2.7%. EFE
