Proposed Standards of Third Report – Proceso Constituyente

Article 1, first to fifth paragraph, On taxes

Every individual and entity shall contribute to the sustenance of public expenses by paying the taxes, excises and territorial duties set forth by...

Article 2, Fiscal decentralization

Regional Administrations and Municipal Councils enjoy financial autonomy for the fulfilment of their role, within the context of that set forth...

Article 3, On No levying

Taxes collected, whatever their nature, shall enter the State’s public treasure or the territorial entities, as applicable, pursuant to this...

Article 4, Prohibitions on tax matters

The Law on Budgets cannot create taxes, nor tax benefits. No citizens’ initiative, and neither plebiscites nor referenda, shall apply on tax...

Article 6, No discretionality in the distribution of fiscal revenues

The law shall define the body in charge of compiling and systematising the information necessary to propose to the Legislative Branch the formulae...

Article 7, Fund for Special Territories

The law shall create and regulate the administration of a Fund for Special Territories, which resources shall be destined solely to the purposes for...

Article 8, On the financial autonomy of territorial entities

The territorial entities mentioned in Article 5 herein shall enjoy financial autonomy in their revenues and expenses for the fulfilment of their...

Article 9, On the revenues of territorial entities

Territorial entities, pursuant to the Constitution and legislation, shall have the following sources of income: 1. The resources allocated by the...

Article 10, first and second paragraph, Distribution of tax powers

Only the law may create, amend, and abolish taxes and the tax benefits applicable to them. Territorial entities may establish fees and territorial...

Article 12, Tax distribution

Fiscal revenues generated by taxes shall be distributed among the State and territorial entities as set forth in the Law on Budgets. During the...