Division 3 Impact on public budget. The Spanish authorities shall complete Table 1 providing the estimated total amount (in EUR) of tax collected or not collected under the AIEM regime.

United Kingdom

Year^f1	2019	2020	2021	2022	2023	2024	Notes^f2
Table 1
‘Foregone tax revenue’: the total amount (in EUR) of tax not collected because of the tax differentials applied to local production (exemptions/reductions). At product level, it is calculated by multiplying the value of production sold on the local market (i.e. deducting exports) by the tax differential applied. The indicator is then calculated by summing up product-level estimates.
‘Tax receipts – imports’: the total amount (in EUR) of the tax levied on the imports of taxable products.
‘Tax receipts – local production’: the total amount (in EUR) of the tax levied on the taxable local products.
The information might not be available for all the years listed.
Provide comments and clarifications as deemed relevant.
Notes to Table 1:
Foregone tax revenue^f3
Tax receipts – imports^f4
Tax receipts – local production^f5

Annotations

f1: The information might not be available for all the years listed.
f2: Provide comments and clarifications as deemed relevant.
f3: ‘Foregone tax revenue’: the total amount (in EUR) of tax not collected because of the tax differentials applied to local production (exemptions/reductions). At product level, it is calculated by multiplying the value of production sold on the local market (i.e. deducting exports) by the tax differential applied. The indicator is then calculated by summing up product-level estimates.
f4: ‘Tax receipts – imports’: the total amount (in EUR) of the tax levied on the imports of taxable products.
f5: ‘Tax receipts – local production’: the total amount (in EUR) of the tax levied on the taxable local products.