The Administrative Court of Funchal has ruled that Madeira Airport will have to pay the parish of Santa Cruz, Municipal Property Tax (IMI).

Having campaigned for the airport to be included in the IMI, a spokesperson for the municipality said that this could pave the way for other regions throughout the national territory to receive remuneration for large private concessions, such as ports, airports, and railway stations.

According to a local source, the process dictates that the Regional Government registers the airport infrastructure as an urban building.

Samantha Gannon

info at madeira-weekly.com