|Monday, July 26, 2021
You are here: Home » News » Canary Islands News » IGIC pledge for Canary flower and plant industry
  • Follow Us!

IGIC pledge for Canary flower and plant industry 

The Canary Government is to fight to get a reduction in IGIC for the flower and plant industry.

Finance minister, Rosa Dávila said she would do everything within her power to back the proposal put forward by president, Fernando Clavijo.

The pledge followed a meeting with the Association of Growers and Exporters of Flowers and Live Plants of the Canary Islands (ASOCAN).

The aim is to boost local production and export activities to the European Union by making businesses more competitive.

The meeting was also attended by ASOCAN, Juan Marichal, as well as the director of the Canary Tax Agency, Cristina Carnicer and Deputy Minister of Agriculture, Abel Morales.

Rosa Dávila said reduction would put Canary growers on a par with their counterparts on the mainland where the activity enjoyed the reduced IVA rate.

The sector is only just beginning to recover from tax increases in recent years as part of the Spanish government’s prudency plan. In many cases, this had led Canary producers with no choice but to raise their prices on some products, flowers and plants.