- The Spanish government is proposing a new 21% value-added tax (VAT) on short-term tourism rentals, aimed at addressing the ongoing housing crisis and requiring parliamentary approval.
- This tax would apply to all rentals of less than 30 days and is expected to impact about one-third of the 94 million annual visitors to Spain who chose home rentals over hotels last year.
- Currently, there is no VAT on short-term rentals in mainland Spain, while hotel guests pay a 10% tax on their room rates, making the proposed tax for rentals significantly higher.
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