In Spain

CarlosCuerpo

Brussels confirms Spain used €10.2 billion of ‘Next Generation’ funds for current expenditure

The European Commission has confirmed that Spain utilized €10.2 billion from the Next Generation funds exclusively for current expenditure during the first five years of the Recovery, Transformation, and Resilience Plan. Records from the community statistics office indicate that the current expenditure used by Spain was €519 million in 2021, €1.767 billion in 2022, €2.777 billion in 2023, €2.900 million in 2024, and €2.257 billion in 2025. According to Brussels’…

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se alquila

Surreal: property owners must pay taxes on rent from squatters even if unpaid

In Spain, the personal income tax filing period has begun, and property owners who have been unable to collect rent from their tenants now find themselves in the absurd paradox of having to declare—and pay taxes on—income they have never actually received. Current Spanish legislation shields “okupas” (squatters), who take over empty homes by force, and so-called “inkiocupas” (tenant-squatters), who pay the first month or two of rent and then…