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2 billion tax package to intervene in housing

The first decree includes tax incentives for landlords, tenants, and property owners who decide to sell their apartments to the public sector, VAT surcharges for tourist apartments or tax increases for Socimis with housing, among other measures.

Translated from Spanish Read in Spanish

2 billion tax package to intervene in housing

The Spanish government's housing plans face uncertainty as Junts announced its rejection of two housing royal decrees. The decrees, led by Minister Isabel Rodríguez, aim to regulate rent increases and offer tax incentives. One decree includes a fiscal package estimated to cost €2,000 million, affecting five different taxes, mainly IRPF. It proposes tax reductions for landlords who lower rents and deductions for tenants, as well as increased taxes on vacant homes. The decrees will be voted on in Congress.

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.

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