IMT exemption benefited 70,000 young people while the public guarantee covered 23,000
The Finance Minister said on Wednesday that around 70,000 young people benefited from the IMT and Stamp Duty exemption when buying a home, while the public guarantee covered 23,000 young people. In a hearing before the Budget, Finance and Public Administration Committee, Joaquim Miranda Sarmento stressed that the Government is 'betting on ...'
IMT exemption benefited 70,000 young people and public guarantee covered 23,000 – minister
The finance minister said today that around 70,000 young people benefited from exemptions from IMT and stamp duty when buying a home, while the public guarantee covered 23,000 young people.
70,000 benefited from IMT exemption
Home News 70,000 benefited from IMT exemption 70,000 benefited from IMT exemption The Minister of Finance said today that around 70,000 young people benefited from the IMT and Stamp Duty exemption when buying a home, while the public guarantee covered 23,000 young people.
House price rises wipe out savings from IMT (property transfer tax) exemption within a few months
The tax exemption granted to young people when buying a home prompted “speculative behaviour” among sellers, and rising prices erase the savings achieved by the measure in just a few months.
