Fernando V - History Lab https://historylab.es Fri, 20 May 2022 07:50:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://historylab.es/wp-content/uploads/2021/06/cropped-icono-historylab-32x32.jpg Fernando V - History Lab https://historylab.es 32 32 Revenues of the Holy Brotherhood between 1478 and 1498 https://historylab.es/revenues-of-the-holy-brotherhood-between-1478-and-1498/?utm_source=rss&utm_medium=rss&utm_campaign=revenues-of-the-holy-brotherhood-between-1478-and-1498 Sat, 19 Feb 2022 16:29:48 +0000 https://historylab.es/2022/02/19/ingresos-de-la-santa-hermandad-entre-1478-y-1498/ Graph showing the dynamics of the income of the Holy Brotherhood since its implementation in 1482

The post Revenues of the Holy Brotherhood between 1478 and 1498 first appeared on History Lab.

]]> Shortly after the accession of Ferdinand and Isabella to the Castilian throne in 1474, a process of restructuring and reform of the institutional structures of the State began, especially those dedicated to taxation and tax practice in order to cope with the new expenses that the crown would have to bear. The Royal Treasury had to face these circumstances by creating and establishing the “extraordinary” revenue as an additional tax category.
The establishment of the General Brotherhood in 1476 was justified as a means of restoring peace throughout the kingdom, but the intention of creating an army under the direct authority of the throne without putting too much strain on the weak Royal Treasury, which was in the process of reconstruction, could not be concealed for long.
This movement was prompted by the need for large sums of money in a short space of time, as a result of pressing needs such as the war in Granada at the end of the 15th century or the wars in Naples between 1494 and 1504. Revenues, therefore, were calculated in accordance with expected expenditure and not the other way round, denying the redistributive nature of the taxation practice that has presided over most tax systems.
The key to understanding the extraordinary revenues of the crown were the loans, understood at this time as the issuing of a small debt in exchange for financing. Since it was not considered as just another tax on the population, all subjects were eligible to pay loans without being limited by the directives of the General Brotherhood.

The post Revenues of the Holy Brotherhood between 1478 and 1498 first appeared on History Lab.

]]>