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Property resale tax increase in Catalonia (Read 2456 times)
Smidge
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Property resale tax increase in Catalonia
Aug 7th, 2013 at 10:20pm
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The government wants even more of your money.

http://www.spanishpropertyinsight.com/2013/08/05/resale-transfer-tax-in-cataloni...
  
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Pondgirl
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Re: Property resale tax increase in Catalonia
Reply #1 - Aug 8th, 2013 at 8:02pm
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It's complete madness.  As the article says:
"In a real estate crash of this magnitude, transaction costs of 10pc or more are a big part of the problem. What Spain needs now is lower taxes on property, to stimulate the market and encourage foreign investors. That would help reduce the housing glut, increase tax revenues through volume, shrink the black economy, and create wealth and employment."

I'm glad that I'm not trying to buy or sell at the moment.
  
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Ritaratbag
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Re: Property resale tax increase in Catalonia
Reply #2 - Aug 8th, 2013 at 9:56pm
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Another crazy idea in Catalunya!
  
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