Spain Eyes Tax Hike for Holiday Rentals in Bid to Lower Rents
Spain plans to raise taxes on holiday rentals so that they pay "like a business", Prime Minister Pedro Sanchez said, adding that the measure would be based on a new EU directive on value-added tax for digital platforms. Sanchez also promised tougher measures to combat fraud around rentals, without going into details. Last month, authorities opened an investigation into Airbnb for failing to delete thousands of misleading rental offers from its platform.
Reuters (01/13/25) Inti Landauro; Emma Pinedo
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