IUSI, Q2,000.01–20,000 bracket
2‰
In forceDecreto 15-98 art. 11Article 11 of Decree 15-98 (the Property Tax Act) sets rates on assessed value: up to Q2,000, exempt; from Q2,000.01 to Q20,000, 2‰; from Q20,000.01 to Q70,000, 6‰; from Q70,000.01 upward. Distribution (art. 2): amounts collected at 2‰ pass in full to the municipality as its own funds; amounts collected by MINFIN at 6‰ and 9‰ are split 25% State / 75% municipality where the property is located.
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- IUSI, Q20,000.01–70,000 bracket6‰In forceDecreto 15-98 art. 11
- IUSI, from Q70,000.019‰In forceDecreto 15-98 art. 11
- Split of the 6‰ and 9‰25% State / 75% municipalityIn forceDecreto 15-98 art. 2