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50,000 luxury properties to pay AIMI

There are almost 50,000 more houses paying Additional IMI in 2019, the tax on properties with a fiscal value exceeding €600,000. Last year, the number of homes covered by AIMI rose by 10%. In 2019, there are 47,134 more properties paying the levy. This growth earned the state €139.6 million, eight million more than a year earlier.

Dennis Swing Greene   

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Madeira Weekly