Реформування фінансової системи Іспанії в умовах утвердження демократичного режиму (1982–1996 рр.)

Abstract

The article examines the reform of the financial system in Spain in the conditions of development of the democratic regime (1982-1996). The author highlighted peculiarities of implementation of budgetary policy, the development of the monetary market, modernization of the tax and banking systems. The highest budget revenues were ensured at the expense of the income tax on natural persons. One of the main direct taxes in Spain was specified the corporate income tax. An important place was occupied by the value added tax, introduced in 1986. The development of the monetary market started in the second half of the seventies adopting the first measures to liberalize the banking sector. The real process of deregulation of the banking system happened on the eve of joining the EU by Spain. Transformation and improvement of the financial system positively told on the investment climate in the country