Description
The Spanish Tax Administration Agency (Agencia Tributaria) - is the revenue service of the Kingdom of Spain. The agency is responsible for the effective application of the national tax and customs systems and for those resources of other Public Administrations and the European Union whose management is entrusted to it by law or agreement. The state-owned company has more than 26,000 employees and operates with a budget of $1.5 billion. The Tax Agency's duty to apply the tax system in such a way that the constitutional principle is complied with by virtue of which everyone has to contribute to the maintenance of public expenditure according to his or her economic capacity. Yet, it does not have the powers for the elaboration and approval of tributary norms nor can it assign, in the aspect of public expenditure, the public resources among the different aims.