“We will create an extraordinary contribution on all properties that remain in local accommodation,” said the prime minister, noting that the revenue will be allocated to the IRHU (Institute of Housing and Urban Rehabilitation) to fund housing policies.
The measure also aims to encourage people to contribute to the negative externalities that local accommodation brings to those who benefit from this activity.
In addition to the Prime Minister, the Ministers of Housing, Marina Gonçalves, and Finance, Fernando Medina, will take part in the briefing of the Council of Ministers.
Without going into details about the contribution, Fernando Medina pointed out that with regard to local accommodation, there is a “very significant difference between the different regions of the country”, which justifies the variable tax depending on the profitability and size of the local housing and the rise in rents in the area where it operates.
The rate, he said, will be based on three factors: the profitability of the local property, the variation in rent increases in the region where this property is located, and the size of the local property.
The minister also said that it is “expected” that from the calculation resulting from this formula “there will be a very significant difference between the different regions of the country”, meaning that domestically “the rates, if any are, will be, in fact have very low values”.
On the other hand, the state plans to entice landlords to transfer the property they own in local lodging for housing, assuring those who do so with an IRS tax exemption through 2030, if ” compensation for the drop in income”. that will have”.
The package of measures adopted today includes making more land available for housing, encouraging private construction and tax incentives for landlords to put properties on the rental market, as well as support for young people to rent.
Source: DN
