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82% Of
Properties Do Not Pay Municipal Property
Taxes
The ministro de Hacienda (minister of
Finance), Guillermo Zúñiga, during a cabinet
session urged reforms to property taxes,
saying that 82% of properties in Costa Rica
go without paying any municipal property
taxes.
Zúñiga said that land tax in Costa Rica was,
by law, changed to municipalities charging
the tax and after an assessment of how
municipalities are faring on the collection
of taxes, the minister told fellow cabinet
minister "there are interesting facts on the
subject".
According to the Hacienda (Finance ministry)
report, of the some 1.5 million properties,
only 6.13% actually pay municipal taxes, the
rest not paying any type of property tax,
which leads Hacienda officials to believe
that municipalities need help in tax
collection.
The minister said that municipalities can
count on a modern system for property
assessment and tax collections. The Hacienda
system will help municipalities assess
property values and generate more revenue
with the collection of the taxes.
Zúñiga said that Hacienda will provide
municipalities assistance, to help them
modernize their systems, adding that some
25% of the municipalities do not even have
an property assessment office, 40% do not
count on a "perito", a person in charge of
property assessment and that 60% of
municipalities do not have a way to collect
the tax and update property values. |
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