Portal de Caravaca de la Cruz
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The spokesman for the Municipal People's Party in the city of Caravaca, José Francisco Garcia, has positively assessed the news that the State Budget included a proposal by the parliamentary group in the Congress of Deputies, incentives and bonuses tax on the occasion of the celebration in 2017 of a new Jubilee Year.
Jose Francisco Garcia has said that the news made public by the popular deputy Teodoro Garcia, "it is a reaffirmation of the commitment that the PP has demonstrated to Caravaca de la Cruz and his Holy Year award in 1998 from".
In this sense, José Francisco Garcia recalled the previous jubilee years 2003 and 2010 and benefited from similar tax incentives.
He also recalled that already in June 2014 the City of Caravaca approved in Parliament a joint motion of the four political groups represented at the time in which they requested the Government of Argentina to include these exemptions in PGE.
The incentives could attract Caravaca de la Cruz a significant amount of investment spread between the two years they would be in force, since the exemptions and benefits would last until June 30, 2018.
The Jubilee Year is considered as an exceptional event of public interest, so that would be affected by the law 49/2002 on the tax regime, which regulates these incentives for patronage and nonprofit entities.
"Our intention is that these tax incentives come into force as soon as possible, so that the euro area economy sees beneficiary" said Teodoro García.
The congressman wants to be put in place already for next year, so its parliamentary group "is working
to get introduced in the State Budget 2016 these tax credits. "
The benefits of the initiative include tax deductions, especially, the companies and the physical-income people for certain investments and expenditures for the acquisition of new property, plant and equipment and in compliance with the plans and programs established by consortium organizational event.
They will also be including rehabilitation of buildings that contribute to enhancing the affected physical space and conducting advertising and publicity expenses that serve to spread the event.
Source: PP Caravaca de la Cruz
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