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The City Council will deduct 95 percent of the municipal tax to rebuild or repair the damage caused by floods (09/10/2019)

The government team will take to the plenary tomorrow the modification of two municipal ordinances that aim to help families and businesses that have been affected by the effects of torrential rains last September.

In the case of the Fiscal Ordinance regulating the Tax on Constructions, Installations and Works (ICIO), a modification is introduced to subsidize 95 percent of the tax charge attributable to the works necessary for the reconstruction, repair and rehabilitation of homes, buildings and affected commercial and industrial premises that have suffered catastrophic damage caused by floods.

Likewise, a modification of the Fiscal Ordinance regulating Real Estate Tax (IBI) will be proposed for approval by the Plenary, which contemplates a bonus of up to 70 percent of the tax quota for companies affected by catastrophic damages caused by intense rains caused by DANA.

The councilor of the Treasury, Héctor Verdú said that these are the only measures that the City Council can adopt as a Local Administration as contemplated by the Law of Local Haciendas that delimits municipal powers in fiscal matters.

These fiscal measures are added to those already adopted by the City Council as the reduction of the IBI for families, and other special bonuses for entrepreneurs and companies that promote employment and contribute to the seasonal adjustment, as well as the ICIO with bonuses of 50 percent for new commercial establishments, vehicle tax or the occupation of public roads for hotel terraces, among others.

Source: Ayuntamiento de San Javier / Foto: archivo 112RM

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