Sunday, January 26, 2020
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Church in taxman’s sights

THE Valencian town hall is hoping to raise two million euros in property tax by identifying buildings that are wrongly...
By Simon Russell , in Finance , at August 12, 2019

THE Valencian town hall is hoping to raise two million euros in property tax by identifying buildings that are wrongly listed as exempt across the city for religious reasons.

The vast majority of these belong to the Catholic church and while places of worship and buildings used for charitable work such as Caritas social centres will remain exempt, many church owned properties are being used for commercial purposes.

They are being rented out as for anything from bike hire shops to hostels and are escaping IBI tax simply because they are listed as “religious buildings”. The council believe there may be as much as 1,700 such buildings across the city but admit the task of identifying them and confirming their purpose will be laborious.