The gap in the tax invoice of the taxes assigned to the autonomous communities, mainly Successions, Donations and Patrimony, is very wide. This has returned to record the report presented this morning by the General Council of Economists in Madrid.
So much so that what is paid to the Treasury for Succession, in the event of an inheritance of 800,000 euros, of which 200,000 euros correspond to the first dwelling, can range between 0 euros and 100,000 depending on the autonomy in which the deceased resided . In this way, a single thirty-year-old son would pay 103,135.48 euros if his father had his residence in Asturias, while if he lived in Galicia, Cantabria and Andalusia, the heir would pay zero euros.
Between these two figures, between zero euros and just over 100,000 euros, there is a wide range of amounts: in Madrid, Extremadura and Murcia, that same person of 30 years and daughter of the deceased with an inheritance of 800,000 euros would pay around 1,500 euros, while in Castilla y León the tax bill would be around 80,000 euros and in Valencia and Aragon, 63,000 and 55,000 euros, respectively.
The differential is even wider in Donations. If Successions are paid where the person has died, in the case of this tax is paid where the recipient resides. So that, if a father donates 800,000 euros in cash to each of his three children, to one who lives in Castilla y León, to another who resides in the Canary Islands and to a third party that has his fiscal domicile in Cantabria, his respective invoices would amount to 200.122,67 euros, 87,128.60 euros and zero euros, in that order.
In these two taxes there have also been differences regarding the legislative changes made in the last fiscal year. Thus, in the case of Successions, in the Canary Islands and in La Rioja, the tax has risen. The liquid quota for an inheritance of 800,000 euros of which 200,000 corresponded to a property, which in 2019 would have been 134.23 euros, in 2020 would have risen to 31,748.63 euros, in the case of the Canary Islands; while in La Rioja the bill would have increased from 3,175.92 euros to 32,342.86 euros from one year to the next.
On the other hand, in Galicia, if in 2019 15,040 euros would have been paid, in 2020 the invoice has been reduced to zero, for this specific case of an heir of 800,000 euros.
In Donations, the last two changes in the last fiscal year have been on the rise. And, again, in the Canary Islands and La Rioja: for a donation of 800,000 euros in cash, the liquid quota would go from 200 to 87,128.60 euros in the Canary Islands between 2019 and 2020; and from 4,000 to just over 51,000 euros in La Rioja also from one year to the next.
This is because the Canary Islands abolished the general bonus of 99.9% for the spouse, ascendants and descendants over 21 years, making it decreasing from 55,000 eruos, while in La Rioja, which had 99% reductions or 98%, happens to have only 50% from 400,000 euros.
In Galicia, on the other hand, the reduction in Successions was increased from 400,000 to one million euros.
With respect to Heritage, equity volumes of 800,000 euros in which the 300,000 euros exempt from regular housing are not taken into account, they would pay zero euros in Álava, Vizcaya or Madrid. On the other hand, in Aragon for this concept the owner of this estate would have to pay the Treasury 1,164.37 euros.
In Madrid, fortunes of four and fifteen million euros also pay nothing. While in Extremadura, the autonomy in which the Heritage is most taxed, fortunes of four million will pay this year about 60,000 euros, while for those of fifteen million the bill is close to 420,000 euros.
The tax harmonization debate
The publication of these figures takes place just when the Ministry of Finance seeks to harmonize these regional taxes. Minister María Jesús Montero has stated that she will include this issue in her proposal for the new regional financing model, whose draft is expected to be ready in the fall. Although some communities, especially those that have the lowest tax bills, such as Madrid or Andalusia, are opposed to doing so. On the other hand, Asturias, Aragon, Valencia and Extremadura are aligned with the intentions shown by the Executive to reduce the tax gap between some autonomies and others.
According to Valentín Pich, president of the General Council of Economists, the reform of the autonomous financing is “inaccessible”. But with regard to the fiscal harmonization that the Government seeks, it considers that in states as decentralized as Spain it is “normal” that conflicts of this nature arise and that each autonomy adapts to this context of fiscal competence, although it considers that this should be ” as transparent as possible, to complicate life as a minimum for the taxpayer and the economy ».