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La presión fiscal generada en la renovación del inmovilizado material en las cooperativas valencianas y en las reguladas por la ley 27/1999


  • Mª del Mar Marín Sánchez

    () (CEGEA. Universidad Politécnica de Valencia)

  • Agustín Romero Civera

    () (CEGEA. Universidad Politécnica de Valencia)


In this paper we aim at quantifying tax pressure generated by the benefits obtained through the sell of tangible fixed assets that are reinvested in cooperatives. To this end, we have considered the cooperatives regulated by Law 27/1999 and by the Valencian Cooperatives Law, taking into account the statutory change that took place in this Spanish region. Consequently, and within the framework of the Company Tax Law an considering the general allowances to offer incentives to these sales/renewals, we have taken into account the special commercial characteristics of the cooperatives as well as their Special Fiscal Status acc. Law 20/1990, where certain fiscal advantages are given to cooperatives that meet the criteria. Results show a negative fiscal pressure for specially protected cooperatives that renew their tangible fixed assets and very reduced taxation levels for the rest of cooperatives.

Suggested Citation

  • Mª del Mar Marín Sánchez & Agustín Romero Civera, 2005. "La presión fiscal generada en la renovación del inmovilizado material en las cooperativas valencianas y en las reguladas por la ley 27/1999," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 51, pages 111-130, April.
  • Handle: RePEc:cic:revcir:y:2005:i:51:p:111-130

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    Tax pressure; tangible assets; reinvested; Tax on Benefits; cooperatives.;

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • P13 - Economic Systems - - Capitalist Systems - - - Cooperative Enterprises
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness


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