Property purchase taxes in the Balearic Islands will increase in 2023
From January 1st 2023 purchase of property in the Balearic Islands increased for properties worth more than 1 million euros.However, the increase affects the tranche that exceeds 1 million euros and not the taxes paid from 0 to 999,999 euros.Today, the brackets are as follows: from 0 to 400,000 euros 8% is paid, from 400,000
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