75%
Of Luxury Home Owners Haven't Paid Their
"Luxury Tax"
The Banco Hipotecario de la Vivienda (BANHVI)
says it can only build 350 "social
assistance" homes, a number far less than
expected, because the majority of owners of
luxury homes have not paid their "luxury
tax".
The luxury tax that applies to all homes
evaluated at ˘100 million colones or more.
Clara Zomer, the ministra de Vivienda
(Housing Minister) said that only ˘3 billion
colones has been so far paid by owners of
luxury homes, out of an expected revenue of
˘12 billion colones.
Owners of luxury homes had until January 15
to pay up their 2010 tax before incurring
penalties and interest. The tax is payable
for the next ten years.
The purpose of the luxury tax is to build
socially assisted homes for some 235.000
people. |
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