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Payment Deadline No Penalty for Property Tax in Bogota According to the announcement, the event ended last Friday, June 14. District Treasury Secretary.
This means that citizens who do not pay this tax They will be sanctioned by the district government.which means extra weight on the pocket, besides having to pay the above-mentioned taxes.
(Lea: This is how you can reduce your income tax with e-invoicing).
It is worth mentioning that property tax It is one of the main sources of income for the city.so its collection is critical to the region’s cash flow and the development of infrastructure, security and recreational projects.

property tax
If you do not pay your tax within a reasonable time, The first penalty is that the unpaid amount incurs default interest, which increases your debt.The default interest rate is calculated annually by Ministry of Finance and Public Credit.
(Apart from: Do you owe Dian?: 1,500 delinquent taxpayers needed for batteries).
Apart from this, there are penalties for non-payment of taxes. The minimum penalty is determined based on the socioeconomic class of the property..

Bogota
(continue reading: ICA tax in Bogota: please pay attention to the payment deadline).
Those who persist in defaulting on payments for more than six months and whose amount exceeds five times the minimum wage standard will be included in the list of defaulting debtors. One of the most serious consequences of Dianchi was the confiscation of large amounts of money and real estate through forced collection of prisoners..
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