8 February 2001, 14:25 Spain 2000 budget deficit -- 2 (corporate tax revenue up 17.5 pct)
The ministry said revenue from corporate taxes grew 17.5 pct
annually in 2000, from income taxes by 4.9 pct, reflecting strong job
creation, while indirect tax revenue rose 7.3 pct.
Revenue from VAT climbed 8.7 pct in 2000 from a year earlier, while
special tax revenue increased 4.1 pct, with taxes on petroleum products
up just 1.5 pct, it said.
On the spending side, the ministry said interest payments on
government debt declined 7.3 pct in 2000 from a year earlier, while
among the other categories only transfers, largely to the autonomous
regions, showed notable growth, rising 12.1 pct.
Investments rose 4.9 pct to over 1 trln ptas, it added.
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