ERC will take as its first initiative after the 29-N the 'one family, one house' law on housing taxation

Esquerra Republicana plans to introduce the 'one family, one house' law focusing on housing taxation after the elections on November 29. The initiative aims to reduce taxes for primary residences while increasing taxes for non-primary residences and speculative uses. Key proposals include lowering the property transfer tax for first homes, raising VAT on tourist rentals to 21%, and implementing surcharges on property taxes for second homes and tourist rentals. The law also seeks to provide tax incentives for housing rehabilitation and energy efficiency improvements, while tightening regulations on seasonal rentals. Additionally, it proposes eliminating the 0% tax rate for certain investment companies and imposing restrictions on their rental practices.

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