Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom


Flashcode 2 url IREF - Institute for Research in Economic and Fiscal issues
Fiscal competition and economic freedom
https://en.irefeurope.org/686

Spanish tax reform undermines real estate market

Everything seems to go wrong in Spain and Madrid’s policy to achieve broader deficit reduction targets looks inappropriate. The Spanish government’s introduction of new legislation to restrict interest deductions for taxation purposes could further reduce the flow of international capital into domestic commercial property, exactly at a time when the depressed local market is an important factor weighing on Spain’s recession-hit economy, the European Public Real Estate Association (EPRA) said.

This fiscal reform is part of a broader range of new legislation (we wrote more about it here) as a reaction against a general erosion of the taxable bases of Spanish companies.

Share this article :

Related contents ...

High Standards: Curse or Blessing?

The Politicised Nature of European Competition Policy


The Need for Devolution to Address the UK's Transport Sector Crisis

Biofueled Unintended Consequences



Any message or comments?

Show Form

 css js

CLOSE

Monthly newsletter
Receive our publications for free

By continuing browsing our website, you agree with our cookies policy