Taxation in Brunant

Taxes in Brunant re levied at both the national and municipal level.

Income tax
Income tax in Brunant has decreased since the 1970s, where the highest tax bracket then (bracket 5) paid 56% in income taxes.

IVA tax
IVA (from the Barzuna Imposte na valor agreado; value-added tax) is the national sales tax in Brunant. The national IVA rate is 17%, with certain exception such as:


 * Fruits and vegetable
 * protected origin products like cheese, wine, meats and olive oils

The above are taxed at a special rate of 7%.

Property tax
Property tax is levied by municipalities. Tax for properties is determined by the market value of said property and not by size of terrain. Property tax is thus divided at: