Cuenca Lowers the Icio with Energy Efficiency Subsidies
2 Articles
2 Articles
The April plenary session of Cuenca City Council definitively approved the amendment of the Tax Ordinance on Construction, Installations and Works Tax (ICIO), which incorporates new bonuses of between 70% and 95% for energy efficiency actions in homes and residential buildings. The reform also extends the bonus of 90% already existing for persons with disabilities to those over 70 years of age, and adds to a notable increase in tax collection: t…
The Cuenca City Council, in its April plenary session, definitively approved, after addressing the objections submitted during the public comment period, the amendment to Tax Ordinance number 4 regulating the Tax on Construction, Installations and Works (ICIO). This regulatory update incorporates new tax breaks that will allow for a substantial reduction in the amount of this tax for a significant number of taxpayers in Cuenca, especially for pr…
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