Spain Approves 10% Tourist Rental Tax Amid General Strike
Spain's parliament passed a housing package featuring a 10 percent tax on short-term rentals following a nationwide general strike over rising living costs. The regulations include eviction protections and rent caps, though upcoming elections could reverse the measures.
Key Takeaways
- 1Over three million demonstrators participated in Spain's first general strike in 14 years.
- 2New housing legislation imposes a 10% tax on apartments rented to tourists and caps rent hikes.
- 3Opposition party pledges to repeal the regulations if elected on 29 November.
This is a summary. shorttermrentalz.com has the full story.
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