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The Lisbon Landlords Association (ALP) irresponsibly judges the aggravation of the additional tax at IMI, with the creation of a new 1.5% tier for global real estate assets over two million euros.
"This is a measure with a marginal budgetary impact on the public accounts, which only reveals that the government remains blind and subject to the parliamentary agreement that it signed." with the PCP and the Left Bloc, refusing to foresee the dramatic consequences that will affect the majority of citizens. " Portuguese following a further increase in property taxes: an inevitable increase in the price of rent and a severe brake on investment in urban rehabilitation, "said ALP in a statement released Tuesday morning.
Government hostage ideological pressures
The leaders of this association say they do not understand how the government remains hijacked by simple ideological pressures, "insisting on a formula that would have triggered the serious problem that the vast majority of Portuguese are currently striking, thus preventing their access to the market. leasing and the housing purchase and sale market ".
ALP regrets that the government continues to ignore the fact that, by constantly harassing the owners, "it does not take the measures it could propose to revive the housing market in Portugal. such as those listed in the legislative package of the new generation of government housing policies, presented with great pomp and circumstance last April as a major reform, which – remember – the PCP and the Bloc de la left refuse to approve ".
The association, which represents 10,000 owners, claims that this tax, created in 2016 and nicknamed "Imposto Mortágua", nickname of the member of the left bloc who has fervently assumed the creation and application, " caused a hurricane of instability among homeowners and instantly resonated in real estate prices. "
The press release now disclosed also indicates that out of the 211,690 owners who should be subject to this tax – which, it should be remembered, concerned only housing and construction of land – only one-third (or 62,115) were actually taxed, "guaranteeing an income intended to contribute to the Social Security Financial Stabilization Fund, of only 50 million euros, against 130 million euros provided for in the budget".
Damage to the market
"The damage to the real estate market and the confidence of homeowners and investors were greater than this tax adjustment", stresses ALP, which also emphasizes that the price that the Portuguese now pay more for housing "is also higher than this pure tax and exclusively ideological against property ".
"It does not understand the PAL, so how can the government still insist on the same disastrous formula, hoping for a different or miraculous result." ALP also notes that the "pound" naively expects real estate owners, who are a priority target for the tax deconstruction of this government since the presentation of the first state budget, in order to see the taxation to which his assets are subject to lower their real estate prices. "
ALP concludes by stating that "the abrogation of the AIMI – or" Mortágua tax "- in the 2019 EO, one of the proposals presented by the PAL to the government and to all groups parliamentarians in September, is a measure that restores fiscal justice and the normalcy of the real estate market at a time when housing prices are unprecedented. "
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