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Spain plans tax increase on holiday rentals
The issue of housing has sparked widespread public discontent, with protests erupting in several regions over unaffordable rents.
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Spanish Prime Minister Pedro Sanchez announced a plan to raise taxes on holiday rentals and set a tax of up to 100% on purchases of houses by non-European Union foreigners living abroad on Monday.
Non-resident Britons and Americans buying a property in Spain face massive tax bill, PM announces
It could ruin the dreams of many Britons of owning a holiday home in Spain.
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