On Monday, December 28, 2020, the BOP published the modification of the Tax Ordinance regulating the tax on real estate, I.B.I., in the municipality of San Cibrao das Viñas.
The new publication of the Ordinance modifies article 7 on the tax quota.
The new tax rate for urban real estate will be 0.47%, which means a reduction of 0.03% in the I.B.I. current.
This amendment will take effect on Tuesday, December 29, and will begin to apply on January 1, 2021.
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