Tax measures promoting cooperatives: a fiscal driver in the context of the sustainable development agenda
Dublin Core
Title
Tax measures promoting cooperatives: a fiscal driver in the context of the sustainable development agenda
Subject
Cooperative enterprises
Taxes
Fiscal benefits
Entrepreneurship
Sustainability
Taxes
Fiscal benefits
Entrepreneurship
Sustainability
Description
The social economy (SE) is becoming increasingly present in the Spanish business network. Its special characteristics make it attractive for the development of economic activities, since they are respectful of the environment and they promote the creation of stable and quality employment, even in economically degraded areas or for groups with labour market integration problems. These characteristics, moreover, are particularly important for the consolidation of a new business network that combines economic
growth and sustainability, in the context of the commitments undertaken in the 2030 Agenda for the Sustainable Development Goals (SDGs). Cooperatives are the most common SE business model, to the extent that their study comprises an important part of the Spanish economy. The peculiarities of this legal formula, the aids for its constitution and their tax benefits provide important incentives for the constitution of such entities. The aim of this paper is to study the fiscal framework of cooperatives in Spain within the European framework, to determine the extent to which it favours the development of this business model and to identify the
bases for improvement that can foster this entrepreneurial model. The analysis of the fiscal data available confirms that the tax advantages for cooperatives, as well as the need to update fiscal policies to the current economic context, have diluted over time. Finally, the need to extend to cooperatives some of the tax benefits designed for other business models is pointed out.
growth and sustainability, in the context of the commitments undertaken in the 2030 Agenda for the Sustainable Development Goals (SDGs). Cooperatives are the most common SE business model, to the extent that their study comprises an important part of the Spanish economy. The peculiarities of this legal formula, the aids for its constitution and their tax benefits provide important incentives for the constitution of such entities. The aim of this paper is to study the fiscal framework of cooperatives in Spain within the European framework, to determine the extent to which it favours the development of this business model and to identify the
bases for improvement that can foster this entrepreneurial model. The analysis of the fiscal data available confirms that the tax advantages for cooperatives, as well as the need to update fiscal policies to the current economic context, have diluted over time. Finally, the need to extend to cooperatives some of the tax benefits designed for other business models is pointed out.
Creator
Alberto Vaquero García, Maria Bastida, Miguel Ángel Vázquez Taín
Source
https://www.sciencedirect.com/journal/european-research-on-management-and-business-economics/vol/26/issue/3
Publisher
Elsevier Espana, S.L.U
Date
7 September 2020
Contributor
Sri Wahyuni
Rights
ISSN: 2444-8834
Format
PDF
Language
English
Type
Text
Coverage
Jurnal Internasional European Research on Management and Business Economics 2020
Files
Collection
Citation
Alberto Vaquero García, Maria Bastida, Miguel Ángel Vázquez Taín, “Tax measures promoting cooperatives: a fiscal driver in the context of the sustainable development agenda,” Repository Horizon University Indonesia, accessed February 5, 2025, https://repository.horizon.ac.id/items/show/6712.