One of the taxes whose taxable base is the Cadastral Value. It encumbers property and certain rights constituted over real estate, administrative concessions, usufruct or rights over assets.
It is a municipal tax, which is a significant tax burden for companies. It is paid annually and the accrual date is January 1 of each year.
Impuestalia achieves savings in the IBI by correcting the cadastral value and by correcting errors in the calculation of the tax itself. We have an average IBI reduction rate of 20% and 27% if we include retroactive savings.