This week, the cadastral update has been the topic of conversation and controversy in Palmira.
The Palmira Interunion Civic Committee (CCIP), which brings together unions, businessmen and representatives of civil society from that city in Valle del Cauca, protested before the Mayor’s Office.
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The letter to the Mayor is signed by the Chamber of Commerce of Palmira, Asocaña, Procaña, Fenavi, Fenalco, Asodolores, Acopi, Andi, Pacific Free Zone, Lonja de Cali and the Inter-Guild Business Committee. The PICC asks for a comprehensive review for “the excessive increases in cadastral appraisals, which could represent disproportionate increases in the payment of property tax with values above up to more than 100% after the validity of 2022”.
In the letter signed by Jhon García, director of the CCIP, it is stated: “We understand that within the framework of national regulations the country is migrating to having a multipurpose cadastre, but the convenience of when to do it and how to do it, in a recovery situation economic, it is a responsibility of the municipal Administration”.
The mayor of Palmira, Óscar Escobar, explained that the cadastral update had not been carried out for eight years, but He said that all concerns and values that do not correspond in appraisals will be reviewed.
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The Committee says that the measures taken to mitigate the increase in tax payments are recognized, but they are transitory short-term measures that leave the business community exposed, and in general, to a disproportionate increase in the medium and long term.
“Taxpayers will not be able to resist such an increase in a fragile economic and social environment, with high unemployment rates, uncertainty in international trade, high costs of raw materials, high inflation rates, among others,” the letter says.
It also warns about “possible effects related to tax aspects due to increases in assets and wealth; properties that cannot be sold because their cadastral value is higher than the commercial value; Affected buying and selling processes, and loss of competitiveness of the territory to attract investment”.
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