Clipping of news on Brazilian Culture, Law and Citizenship
01/10/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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The value of urban land property tax ( property tax ) paid by homeowners in Sao Paulo will be on average 24 % more expensive in 2014 , as forecast announced by Mayor Fernando Haddad ( PT) , high above the inflation in the last 12 months 6.5 % by the Consumer Price Index (IPCA ) , according to the newspaper Folha de S. Paulo .
The increase is foreseen in the draft budget submitted by Haddad to the House on Monday and should generate a revenue of R $ 6.8 billion . It was not specified what the high -specific area or type of property , the expectation is that it occurs at all sites with real estate values in recent years . The adjustment will occur due to update the value of the property that will be made by Haddad , says the publication .
Source : Earth
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This article was translated by an automatic translation system, and was therefore not reviewed by people.