Finance (2) Flashcards Preview

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Flashcards in Finance (2) Deck (8)
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1
Q

Charles got a lot of money from the Church, what was the tercias reales?

A
  • 1/3 of all tithes collected by the Church in Castile
2
Q

Charles got a lot of money from the Church, what was the subsidio?

A
  • tax on clerical rents and incomes in all Spanish kingdoms
3
Q

What did the crown gain from the military orders?

A
  • land and gain revenue
4
Q

Charles got a lot of money from the Church, what was the cruzada?

A
  • payable every 3 years
  • raised by selling indulgences
  • between 1523 and 1554: 121,000 ducats a year
  • 1/4 of the royal income
5
Q

Which 3 secular taxes were from Castile?

A
  • extra-parliamentary taxes (rentas ordinarias)
  • custom duties
  • goods from America (almoyaritazgo)
6
Q

Due to the alcabala becoming a fixed sum and so decreasing in value, what did Charles have to rely on and why was this bad?

A
  • servicio

- affects people in different ways eg. hits the poor and the middle class taxpayers (pecheros)

7
Q

In Castile, one secular tax was the rentas ordinarias or extra-parliamentary taxes. What did this include?

A
  • tax on sheep and cattle
  • tax on Granada silk industry
  • the alcabala (10% sales tax)
8
Q

What percentage of Philip’s income came from alcabala/ rentas ordinarias?

A

80-90%