The term tax is normally used in the economic sphere, in which it is used with several meanings. Mainly a lien is a type of burden, limitation or obligation that is established on a good or economic transaction.
The word tax is applied in the tax field based on article 55 and following of the General Tax Law of December 17, 2003. In this sense, the tax is defined as the amount or percentage that is applied to a taxable base and that gives as a result the fee to pay on a impuesto.
Types of Liens
We can differentiate between various kinds of liens. A lien can be specific or percentage.
This type of tax is applied on non-monetary units. It is a fixed amount or percentage that is charged to certain products or services. It is not calculated on the economic value of the good itself, but rather the calculation is made on a quantity of product in liters or kilos. For example, specific taxes are taxes on fuel or alcohol and tobacco.
This type of tax is charged in the form of a fixed amount or percentage on a tax base expressed in monetary units. The percentage tax is also called an aliquot. Percentage liens can be of two types.
- Progressive percentage levy: in this case the percentage to apply varies and increases according to a scale. This scale establishes sections on the tax base on which the tax will be charged. So as the tax base increases in scale. It also increases the tax rate. A very clear example of this kind of tax is found in taxes on the income of individuals or IRPF.
- Proportional Percentage Tax: Proportional tax is used with a fixed percentage. Therefore, it does not vary depending on the value of the tax base.