LISTED: The taxes Spain wants to introduce to fix the housing crisis

LISTED: The taxes Spain wants to introduce to fix the housing crisis

The Spanish government has presented a draft bill aimed at addressing speculation in the housing market through a series of fiscal measures, including the 'supertax' on non-EU non-resident property buyers. Here are all the proposed new taxes.

Spain considers 21% tax on short-term rentals to tackle housing crisis

As part of its ongoing efforts to regulate tourism and protect local communities, Spain is considering introducing a new 21% value-added tax (VAT) on short-term rentals, which is twice the current rate applied to hotels. The proposed tax, which would apply to all units rented for less than 30 days, could directly impact a third of the annual visitors to Spain – 94 million last year and more expected this year – who prefer short-term rentals via …