One-third of the municipalities will charge less IMI in 2017 – TVI24

in A slice of 32.5% of the municipalities, the owners will pay less in Municipal Property Tax (IMI) in the next year and nearly 70 percent will keep the same values of 2017.

according To the collected data, by Business with the Tax and Customs Authority (AT), and at a time that have been already disclosed the fees to be collected in 2017 for 298 of the 308 municipalities of Portugal continental and islands, there is not a single camera that has chosen to climb the IMI. On the other hand, almost half of it goes to apply the minimum rate of the tax is 0.3%.

The rates of IMI are defined annually by the municipal assemblies the nomination of the city executives, who decide according to the financial needs of each year and depending on the greater or lesser interest in fixing people and businesses in their territories. By law must be reported to the Tax office until November 30 of each year and may vary in a range between 0.3% and 0,45%. The fees that are now being disclosed will be collected in 2017, but with reference to the year of 2016.