BigQuery - tags/labels model configuration in resource files

I’m looking at this page: BigQuery configurations | dbt Developer Hub

but in case of tags, I can only see either dbt_project.yml or config in the model file. What if I have a specific yaml file in the subfolder (resource file) and I would like to configure it there where I keep the list of models.

I did this in my finance.yml file that is in finance folder:

models:
  - name: test
    config:
      tags:
        - finance
        - weekly

I also tried:

models:
  - name: test
    config:
      labels:
        finance: true
        weekly: true
    columns:
      - name: id
        config:
          labels:
            test: yes

But I have a feeling this is incorrect. I changed word tags to labels but then I get an error 'list' object has no attribute 'items'

Is it because BigQuery needs empty values for labels as key-pair and we can’t do that in yaml?

Also can we just add tags that are defined in IAM → Tags ? Without the policies?