When renting in Spain, one way to assure landlords of your reliability is to have a guarantor (‘avalista’) in place, providing extra security for rent payments. To officially set up a guarantor, you will need to follow a specific process and provide the necessary paperwork. By having a guarantor, you can increase your chances of being approved as a tenant and demonstrate your commitment to fulfilling your rental obligations.
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Italy to slash VAT on art to compete with EU rivals
Italy's right-wing government is set to reduce the value-added tax on art from 22% to 5%, responding to urgent calls from over 500 artists and galleries who warned of a potential collapse in the domestic art market. This tax cut, anticipated to be approved in a Cabinet meeting and requiring parliamentary ratification within 60 days, aims to enhance competitiveness against lower-tax countries like France and Germany. Need More Context? 🔎
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