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The Madrid City Council will lower the IBI to the legal minimum in 2023

Almeida announces that next year's tax ordinances will include a reduction in Real Estate Tax to a minimum of 0.

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The Madrid City Council will lower the IBI to the legal minimum in 2023

Almeida announces that next year's tax ordinances will include a reduction in Real Estate Tax to a minimum of 0.4% to save 110 million for the people of Madrid. The tax reductions promoted by the mayor in his mandate already totaled 450 million

The mayor of Madrid, José Luis Martínez-Almeida, announced yesterday his commitment to continue reducing the fiscal pressure on the residents of the Spanish capital by reducing the rate of Property Tax (IBI) to the legal minimum starting next

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