Congress Refers the Executive Reform to the IUSI; Family Housing Could Be Exempted From Payment
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A possible transitional exemption from the Value Added Tax (VAT) for the sale of new housing could become one of the incentives for the reactivation of the Gran Concepción real estate market, within the framework of the National Reconstruction Bill approved in Congress. The initiative seeks to stimulate the commercialization of finished apartments and houses, facilitate access to housing and generate conditions for the development of new project…
Photo: Congress The Congress of the Republic concluded on Wednesday the legislative process of Decree 18-2026, which amends the Law on the Single Property Tax (IUSI). The regulation proposes to exempt from the payment of the IUSI to properties exclusively intended for family housing, including properties of mixed use under the conditions established in the reform.During the protocol act, the deputy and first secretary of the Board of Directors o…
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