Re: Re: More Economic Bad News for Spain

#109772
angie
Blocked

Have just seen this article about massive 2012 tax rises for the Spanish as well as for non residents, have these been implemented already and if so what effect are these having?

http://www.advoco.es/advice/8-personal-tax/99-massive-tax-rises-for-spain-in-2012.html

On top of these rises some regions add more tax to these rates, another 3% for example! Non residents are not immune.

Surely this puts a nail in their own coffin as a place to invest in property, another own goal perhaps? 🙄