Spain offers tax benefits to owners who have been renting their homes since 2003. The law allows landlords to reduce the amount they pay taxes on by 60%. These benefits represent an annual collection loss of 1,039 million euros and favor the highest incomes. The tax authority (AiREF) reviewed them in its last ‘Evaluation of public spending‘, a report released this summer. He recommended keeping them because eliminating them would reduce the number of apartments for rent by 5.5%. But he proposed reformulating them because “their design does not facilitate access to rent for vulnerable groups”, in addition to crossing out the measure as “regressive”.
The “Portuguese way”, the alternative proposed by the Government to not regulate the rent as agreed