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    <title><![CDATA[Ara in English - background]]></title>
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    <description><![CDATA[Ara in English - background]]></description>
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    <ttl>10</ttl>
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      <title><![CDATA[Funds and real estate companies must now pay double taxes in Catalonia.]]></title>
      <link><![CDATA[https://en.ara.cat/economy/funds-and-real-estate-companies-must-now-pay-double-taxes-in-catalonia_1_5427398.html]]></link>
      <description><![CDATA[<p><img src="https://static1.ara.cat/clip/470f6927-917f-4e07-afbf-519b1d6f8b33_16-9-aspect-ratio_default_0_x1926y733.jpg" /></p><p>It was a commitment made by Salvador Isla's government, agreed upon with the Comuneros (Commons). And this weekend it came into effect: the property transfer tax (ITPi AJD), which taxes second-hand property and real estate transactions, increases for properties over €600,000 and doubles, up to 20%, for purchases of buildings and from large owners, such as funds or large real estate companies. The Catalan law defines large owners as those with more than 10 properties or a built-up area of more than 1,500 square meters, but it is reduced for more than five properties in areas declared under pressure by the Generalitat (Catalan government), that is, where prices are regulated. There are 271 municipalities in Catalonia with this regulation, including Barcelona. These increases were included in a decree from last March, ratified in May, and which was scheduled to come into effect within three months, that is, as of last Friday, June 27.</p>]]></description>
      <dc:creator><![CDATA[Agustí Sala]]></dc:creator>
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      <pubDate><![CDATA[Mon, 30 Jun 2025 05:01:47 +0000]]></pubDate>
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      <media:title><![CDATA[Barcelona homes with the Sagrada Família in the middle of the image]]></media:title>
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      <subtitle><![CDATA[The property transfer tax has risen from 10% to 20%, and the tax has also been increased for the purchase and sale of second-hand homes worth more than €600,000.]]></subtitle>
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