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Citizens can access various regional deductions and tax breaks for rehabilitation, home purchase or donation, while the Consistory will review all the ordinances to implement tax rebates to those affected and expedite building permits and construction

The Minister of Economy and Finance and the Mayor will urge the Ministry to various legal articles in income tax exemptions and grants for rehabilitation and performance of business

The Minister of Economy and Finance, Inmaculada García Lorca presented today, with the mayor, Francisco Jodar, the tax package of the community which will benefit those affected by the earthquakes in Lorca on 11 May.

Before the press conference, Garcia visited the town, where in addition to seeing the situation in the affected area, checked the status of mobile phone "to ask Vodafone Telefonica to strengthen coverage and that were installed from the night Wednesday, remaining one hundred percent operational the day after the earthquake, "he said.

In addition, the counselor reported that the state of telecommunications infrastructure in the municipality, such as signal repeaters in urban areas, classrooms, free Internet access (ALAS) and nodes (connection points) are in good condition.

Tax benefits for those affected by earthquakes

The tax package is expected to establish a regional deduction "for rehabilitation costs of the main residence of taxpayers with tax domicile in Lorca, when it would have been affected by earthquakes, and proceed to the credit of certain regional rates related to actions needed to rehabilitate the house. "

In addition, the Community shall implement reductions in the Property Transfer Tax (ITP) and Stamp Duty (AJD) and inheritance and gift.

With regard to ITP, "will take a cut of the same Lorca taxpayers who have been affected by earthquakes in the purchase of your home, used or new, respectively."

Also be reduced from one percent to 0.1 percent stamp duty tax on the provision of mortgage loans for house purchase or business.

Also proceed to establish an autonomous deduction of 99 percent in the inheritance and gift tax, in the form of grants, "for donations for the purchase of principal residence to be made to taxpayers with tax domicile in Lorca, when it had been affected by earthquakes, "said the minister.

With respect to this tax deduction will also be a hundred percent autonomous in the mode of inheritance, "for transmissions in case of death where the deceased died as a result of the earthquake."

Other state-level measures

Apart from presenting the measures in the regional government, the minister announced that the Administration asked the State to take several actions to fiscal matters, such as "exemption in Income Tax of Individuals of different subsidies authorities granted to taxpayers with tax domicile in Lorca, aimed at rehabilitation of the residence, where he had been hit by earthquakes, "he said.

This exemption also applies in the case of public aid for the payment of rental housing.

Also ask for a reduction in "net income from business activities, professional and artistic taxed at personal income tax and Value Added Tax for taxpayers with tax domicile in Lorca."

For his part, Mayor advert that the Consistory has reviewed all the ordinances to implement tax rebates to those affected and expedite the granting of building permits and construction.

Source: Ayuntamiento de Lorca