Investor Presentaiton

Foral regime 1,6% The economic agreement Regulates the FINANCIAL AUTONOMY of Navarra and harmonizes the tax and financial relations between Navarra and the State With its OWN TAX SYSTEM: full authority to manage, levy and collect practically all taxes Devolved taxes: all direct taxes, all indirect taxes, and others (Gaming taxes, setting of levies and public prices) Navarra is a SUPPORTIVE REGION that contributes annually to the support of the State and the regions, with a rate of 1.6% of overall burden

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