IVA ON NEW HOMES TO INCREASE?
Posted: 06 October 2009 09:57 PM  
Expatriator
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It appears that the Spanish government, needing to boost its coffers, is planning to raise IVA on NEW homes from 7 to 8% next year.
Rather surprisingly the transfer tax on 2nd hand homes looks like staying at the same level (7%) - a boost to resales ?

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Rob
http://spainreexposed.wordpress.com/

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