This book forms part of a rich investigative tradition in Spain into fiscal flows between the Autonomous Regions and Central Government, to which it adds a number of methodological innovations. These principally reside in its treatment of VAT, the recording of tax revenues by Haciendas Forales, the use of the Central Government deficit as a benchmark for regional budget balances, and payment and collection flows between Spain and the European Union.

The CD-ROM accompanying the book, complete with information search tools, not only reproduces its text but also appends the data series and tables used to calculate fiscal balances