Reduction of Property Tax, Municipal Common Fund, and Property Reassessment
On Tuesday, October 28th, a Bill was introduced in Congress that proposes amendments to Law No. 17,235 on Property Tax. The bill focuses on three main areas: Regarding the first, it should be noted that Article 1 of Law No. 20,732 currently grants a 100% reduction in property tax for senior citizen taxpayers whose annual income is […]