MALLORCA TODAY - Losses of over 50 million euros because of car-hire tax

The national car-hire association is cranking up its campaign against the Balearic Government's tax on hire cars, suggesting that its introduction will result in a loss to the car-hire sector in the Balearics of 54 million euros in 2013.

See more: Diario de Mallorca

MALLORCA TODAY - Car-hire associations attack new tax

The Balearic and national associations for car-hire firms have attacked the Balearic Government's intention to introduce a tax on car hire that could see daily rates rise by between 3.5 and nine euros. The associations dismiss the notion that the tax is for environmental purposes and suggest that the introduction of the tax next year could result in the closure of a number of firms and a fall of 30% in the number of vehicles.

See more: Diario de Mallorca