Fourth renewal of the Economic Agreement Royal decree of June 9, 1925

Fourth renewal of the Economic Agreement Royal decree of June 9, 1925

Royal decree of June 9, 1925

Spanish Treasury

Agreed by the Government to hold a new economic Agreement with the Basque Provinces, acceding to what was requested by their Provincial Councils, and taking, above all, the Military Directorate into account the need for the Provincial Councils themselves to be able to adapt their regime in advance. tax to the undoubted increases that the new quotas would represent as a result of the development of taxable wealth and the increase in national taxes, various conferences have been held with the authorized representatives of said provinces, whose patriotism, together with the spirit of equity that has animated the Directory, has allowed us to quickly reach, as circumstances demanded, a patriotic solution that, saving the principles of freedom in the form of taxation, of territoriality in terms of its extension and of fiscal proportionality with respect to the amount , in accordance with the provisions of the Constitution and the Law of July 21, 1876, has been happily specified in a liquid figure and in bases that will be developed by the Joint Commission appointed for this purpose.