Tomorrow Last Day For
Paying Marchamo
If you, like many of us
250.000, have yet to pay
your 2009 Marchamo,
tomorrow (December 31)
is the last day to do
so.
According to the
Instituto Nacional de
Seguros (INS), 251.983
marchamos are still
outstanding as of close
of business on Monday.
Francisco Soto, head of
the División Médica for
the INS, said of the
1.024.726 marchamos
billed, however, only
830.028 are expected to
be paid.
Many owners of vehicles
are not expected to pay
their marchamo on time
before the December 31
deadline, while other
marchamos are for
vehicles that are in
reality still registered
but not in actual use.
The fine for paying last
is ˘10.000 and run the
risk of having the
vehicle confiscated by a
Tránsito official.
In addition to the fine,
the INS will also add
interest charges of 3%
on the mandatory
insurance portion, 11.2%
on the vehicle tax
portion and 36% on
outstanding moving fines
and 24% on parking
fines.
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