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Amadeo Fuenmayor takes part in an event on green taxation

  • March 21st, 2023
Amadeo Fuenmayor
Amadeo Fuenmayor. Authorship: Joaquín P. Reina

Amadeo Fuenmayor, Director of the Regional Taxation Chair, took part on 14 March in the conference: “Water treatment levy, an example of green taxation for the future”, organised by the Public Entity for Wastewater Treatment of the Valencian Community (EPSAR).

The event was divided into two activities: a colloquium with Javier Ruiz, Director of Economy at the SER radio station, and a round table on Green Taxation. In addition, the conference was attended by the Vice-President of the Valencian Government and Minister for the Valencian Department of Equality and Inclusive Policies, Aitana Mas, and the Minister for the Valencian Department of Agriculture, Rural Development, Climate Emergency and Ecological Transition, Isaura Navarro.

Amadeo Fuenmayor’s presentation dealt with the importance of taxation and the relationship between taxation and public services. In it, Amadeo discussed the main features of the tax system, as well as the connection that exists in many taxes between the collection of revenue and expenditure. Among these figures, he highlighted taxes, special contributions and the so-called earmarked taxes. One example given was the water treatment levy set by EPSAR, the amount of which depends on the volume of water consumed, which in turn is directly related to the public service involved, water purification.

Within the range of existing taxes in Spain, Amadeo highlighted the environmental taxes, which, by their design, encourage citizens to change their behaviour in a way that benefits the environment. Within this field, Amadeo spoke about the case of the tax on hydrocarbons and the three environmental taxes recently established in the Valencian Community: the tax on CO2 emissions from motor vehicles, the tax on greenhouse gas emissions into the atmosphere and the tax on large commercial establishments.