Alert in tourism: Brussels endangers reduced VAT
Una subida del IVA al 21% erosionaría la base imponible y desviaría turistas hacia competidores. Algunos informes alertan de que elevar el IVA perjudicaría a un sector que aporta el 12,6% al PIB. Leer
The European Commission's proposal to raise the reduced VAT rate for hospitality and catering in Spain from 10% to 21% has sparked debate about balancing fiscal consolidation and sector competitiveness. The tourism sector contributes 12.6% to Spain's GDP and supports 2.77 million jobs, generating €68.4 billion in 2024. Some analyses, including a report by the Instituto de Estudios Económicos (IEE) and the Tax Foundation, warn that a VAT increase could have negative effects on economic activity, employment, and revenue.
They argue that a higher VAT rate could lead to a significant contraction in tourist spending, benefiting competitor countries such as Greece, Italy, Portugal, and Turkey.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
