impuestos-inmobiliarios

Participation in land value increase when selling urban lots or properties in Colombia (Law 388 of 1997): when it arises, when it is paid, and how it differs from valorization and property tax

Participation in land value increase is not a percentage of the sale price. I explain when it is paid when selling an urban lot or property, what the notary office may request, and how not to confuse it with valorization or property tax.