THE IBI: IMPUESTO DE BIENES INMUEBLES (OR PROPERTY TAX)

The owners of real estate in Spain every year are obligated to pay to their Council the commonly called “Contribution”, and that actually receives the name of Impuesto sobre Bienes Inmuebles (or Property Tax). Specifically, it is a tax that taxes the ownership of the real estate, whether it is rural or urban. It is …

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