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The resolution publishes an agreement between the State and the Canary Islands on 2026 budgets, setting new spending limits that companies must comply with. This change directly affects local administrations and businesses operating in the region, requiring them to review their budgets within a 30-day period. The regulation is based on the Bilateral Cooperation Commission agreement adopted on May 19, 2026 (art. 33 of LO 2/1979, amended by LO 1/2000).
The change directly affects the structure of the autonomous budget and local financial management, requiring legislative reform without immediate effects on public sector or citizens.
The tax team reviews your specific situation.
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