high-income citizens in 2011 and can not tax deductible for the purchase of a home common but have benefited from the deductions from a housing account opened before January 1 next year will not have to repay the amounts deposited.
This is clarifies one of the amendments tabled by the PSOE and included in general State budgets for 2011.
This initiative has been discussed today at the Congressional Budget Committee until tomorrow handles amendments to the articles submitted by all parliamentary groups.
amendment on housing accounts refers to the deletion from the first of January of the tax credit for purchase of residence for income exceeding 24,170 euros, indicating that taxpayers will not have to repay the amounts deposited into homes before date, when your balance is then invested in a dwelling which does not deductible. In
It identifies the initiative \\ "not lose \\" the right to deductions practiced prior to January 1, 2011, although the amounts deposited must be allocated to the first acquisition or rehabilitation of a residence.
By limiting the deduction for home purchase, the Government aims to save 200 million euros.
This initiative has been discussed today at the Congressional Budget Committee until tomorrow handles amendments to the articles submitted by all parliamentary groups.
amendment on housing accounts refers to the deletion from the first of January of the tax credit for purchase of residence for income exceeding 24,170 euros, indicating that taxpayers will not have to repay the amounts deposited into homes before date, when your balance is then invested in a dwelling which does not deductible. In
It identifies the initiative \\ "not lose \\" the right to deductions practiced prior to January 1, 2011, although the amounts deposited must be allocated to the first acquisition or rehabilitation of a residence.
By limiting the deduction for home purchase, the Government aims to save 200 million euros.
Source: NEWSLETTER AEGI
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