Finance (2)

Question 1

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

Answer 1

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

Question 2

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

Answer 2

• tax on clerical rents and incomes in all Spanish kingdoms

Question 3

What did the crown gain from the military orders?

Answer 3

• land and gain revenue

Question 4

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

Answer 4

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

Question 5

Which 3 secular taxes were from Castile?

Answer 5

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

Question 6

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?

Answer 6

• servicio

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

Question 7

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

Answer 7

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

Question 8

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

Answer 8

80-90%