Real Estate Taxation
The Real Estate Tax (IBI) is a municipal tax that levies the ownership of any right over urban, rustic or special characteristics real estate located in each municipality.
It is a tribute of shared management between the State Administration and the City Councils, since its requirement revolves around the cadastral value.
The taxable base of the Real Estate Tax (IBI) is determined by the cadastral value of the property to which the tax rate approved by the corresponding municipality is applied. The cadastral value is calculated based on a series of parameters or characteristics of the property. The surface, the use or destination, the construction typology, among others, may be affected.
Therefore, these are very specific aspects for the evaluation of which it is necessary to know the regulations from a technical and fiscal point of view. In fact, it is common for there to be errors in its calculation, so its correction can lead to savings both in the coming years and in non-prescribed receipts. Therefore, it is important to review the cadastral valuations.
In addition, it must be taken into account that this is not the only tax that takes the cadastral value as a reference, as it is used in other taxes, as well as for the allocation of grants or subsidies.
As experts in cadastral valuation, we will proceed to carry out an analysis and correct valuation of your properties. In this way, we will propose the different possibilities of action.