ADN defends interest deduction on housing loans in the IRS for all contracts

João Abreu, head of the ADN list for the Autonomous Region of Madeira in the elections of May 18, defended today that “the deduction of 15 percent of the interest paid on housing loans in the IRS must be reinstated”. It is a measure “aimed at alleviating the tax burden on families”, the candidate maintains in a press release. However, “this deduction is limited to contracts signed up to December 31, 2011,” he says. João Abreu from ADN recognizes…