Samborondón, Ecuador: Residents surprised with property tax increases of up to 40 percent

Posted on January 4, 2017 • Filed under: Economy, Ecuador

Residents of La Puntilla, in Samborondón, expressed surprise and unease about the increase of approximately 200 dollars, depending on the case, in property taxes in relation to last year.

An inhabitant of the urbanization Las Riveras, on the Samborondón road, paid this Wednesday $ 820.91 for that tax, when last year paid $ 612.74. He was worried about the increase, but paid, taking advantage of the 10% discount that remains the first 15 days of this month.

This increase is due to the updating of appraisals of the properties of the canton that took place from 2015. This generated an increase of up to 150% of the appraisal of the property, explained the mayor Jose Yúñez, who added that this caused that there is currently a Increase of up to 40% in property taxes. Read Article

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