He Property tax It represents an annual tribute that the property owners must pay. This tax becomes one of the main sources of income for municipalitieswhich allows to finance various public services, such as safety, waste collection and maintenance of green spaces.
Failure to comply with this obligation can incur not only interests and sanctions, but also the possibility of facing coercive collection processes. In general, many taxpayers ignore the legal and financial risks that accumulate debts associated with this municipal payment.
Can the municipality seize a property for not paying the property tax?
The municipality does not have the power to seize a property immediately due to any debt for the property tax. However, if the situation is not regularized within the stipulated deadlines, the entity can proceed with a process of coercive collection. This implies that, given the lack of payment, legal measures will be taken to recover the pending debt.
Consequently, the process begins with the issuance of notifications and requirements aimed at taxpayer. In case of not receiving response within seven days, progressive measures that may include preventive embargoes are implemented. In more severe situations, the possibility of carrying out the judicial sale of the property is contemplated in order to settle the pending debt.
What shares can the municipality take for not paying the property tax?
Failure to pay the property tax by a taxpayer allows municipalities to implement legal actions within the framework of the process of coercive collection. After the corresponding notification, the authorities are empowered to initiate various measures that seek to recover the amounts owed.
- Preventive embargoes: goods such as properties, bank accounts or vehicles are immobilized to guarantee the payment of the debt.
- Judicial executions: In very few extreme cases, we proceed with the forced sale of property to cover tax obligations.
It is reiterated that these measures are not implemented instantaneously. Prior to this process, the municipalities They send official notifications and establish specific deadlines so that the owner has the opportunity to regularize their situation.
How is the property tax calculated?
The property tax is calculated from the self -assessment of the propertywhich is established by the corresponding municipality. This value takes into account various factors, such as the area of the land, the present constructions and the particular characteristics of the property. The progressive rates applied are as follows:
- 0.2% for the first 15 UIT (Tax Tax Units).
- 0.6% for the section between 15 and 60 UIT.
- 1.0% for values greater than 60 UIT.
In the case of a property valued in 50 UIT, the calculation of the property tax is carried out as follows: the first 15 UIT are subject to a 0.2%rate, while the remaining 35 UIT taxes tax at 0.6% .
Source: Larepublica
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