BLP – Newsflash: Extension of the term for the declaration and payment of the Luxury Housing Tax (ISO)

 

Extension of the term for the declaration and payment of the Luxury Housing Tax (ISO)

The General Directorate of Taxation, as part of its institutional communications, reported that it has extended the deadline for the filing of the declaration and payment of the Solidarity Tax for the strengthening of housing programs (ISO) for the 2019 period.

This extension arises from a delay in the publication in the official newspaper, La Gaceta, of the values and rates applicable, leading the Directorate to grant to taxpayers an extension of 10 calendar days to declare and pay by January 25, 2019.

For 2019, home values and their corresponding tax rates are as follows:

Value Tax
Up to ¢329.000.000 0.25%
¢329.000.000 to ¢659.000.000 0.30%
¢659.000.000 to ¢988.000.000 0.35%
¢988.000.000 to ¢1.318.000.000 0.40%
¢1.318.000.000 to ¢1.646.000.000 0.45%
¢1.646.000.000 to ¢1.978.000.000 0.50%
Over ¢1.978.000.000 0.55%

 

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