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“Tax revenue from local landlords in the Alojamento Local (AL) tourist rental scheme “has almost doubled in about two years,” according to the Secretary of State for Tourism, Ana Mendes Godinho.
The rise from €69 million in 2015, to €123 million in 2017*, (up 78%) has been the result of property owners registering on the AL scheme due to Godinho’s campaigns to integrate owners into formal economy.
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