Mr. Castillo, over 65 years of age, has several properties, valued as follows:

a) Residence in Rural Area

Land value: L.380,000

 

b) Rental Apartments Urban Area

Land value: L.1000,000

Building value: L. 2,500,000

 

What is the tax value of the assets?

Calculate the Tax on Real Estate and Public Services to be paid by both, considering that you will make advance payment.

Answer rating: 100% (QA)

To calculate the tax value of the assets we need to multiply the land value and ... View the full answer