The tax benefits applicable to ICIO may be established:
The ICIO is a local municipal tax of a potestative nature, exclusively owned and managed by the municipality, which is levied on the real and effective economic or contributory capacity shown by the taxpayer through the expenditure incurred for the execution of a construction, installation or work of which it is the owner, and for which it is required to obtain the corresponding building or urban planning licence, or the presentation of a responsible declaration or prior notification.
Phases of the ICIO:
As in the majority of taxes, in the ICIO we find different tax benefits such as:
-Exemptions.
-Allowances.
-Deductions.
The allowances, which may be requested or automatic, are classified into those that are compulsory and those that are discretionary.
a) Compulsory. These are established in regulations with the status of law, provided that the necessary objective and subjective requirements are met. Within this type of rebates are those applicable to:
– the cities of Ceuta and Melilla;
– support programmes for events of exceptional public interest.
b) Optional. Those that local councils may establish at their discretion in the respective ICIO tax ordinances, in the cases expressly provided for by law.
1. A rebate of up to 95% in favour of constructions, installations or works that are declared to be of special municipal interest or utility due to social, cultural, historical, artistic or employment promotion circumstances that justify such a declaration.
2. A rebate of up to 95% for constructions, installations or works that incorporate systems for the thermal or electrical use of solar energy.
3. A rebate of up to 50% in favour of constructions, installations or works linked to plans for the promotion of private investment in infrastructures.
4. A rebate of up to 50% in favour of constructions, installations or works related to social housing.
5. A rebate of up to 90% in favour of constructions, installations or works that favour access and habitability conditions for people with disabilities.
6. A rebate of up to 90% in favour of constructions, installations or works necessary for the installation of charging points for electric vehicles.
The Tax on Constructions, Installations and Works is a local tax, which is exclusively owned and managed by the municipality and is structured in two distinct phases: provisional settlement when the licence is granted or the construction, installation or work begins, and definitive settlement when the construction, installation or work is completed.
The taxable base for the definitive settlement of ICIO is the real and effective cost of the construction, installation or work, understood for these purposes as the cost of its material execution, the specific amount of which is determined by the tax administration after carrying out the appropriate administrative verification of the reality of what has actually been executed:
If the difference is positive, the taxable person must pay the difference.
If the difference is negative, the local council will have to make a refund.
At Euro-Funding we study the different elements that should make up the taxable base and we analyse each of the settlements, providing comprehensive advice and support at all stages.
In the case of ICIO, the tax is due when the construction, installation or work begins, even if the corresponding licence has not been obtained.
This payment is made in two distinct phases:
a) First, the local council must make a provisional payment on account.
b) Subsequently, it must make the corresponding definitive settlement.
It should be noted, however, that local councils can also demand ICIO on a self-assessment basis if the corresponding tax ordinance so provides and subsequently check that it is in line with reality, which further complicates the process for the taxpayer.
The full amount of ICIO is the result of applying to the taxable base (which coincides with the taxable base) the tax rate determined by the tax byelaws, which may not exceed 4%.
The taxable base of the ICIO is made up of the real and effective cost of the construction, installation or work, which is understood to be, for these purposes, its material execution cost.
The taxable base does not include VAT and other similar taxes under special regimes, rates, public prices and other local public benefits related, where applicable, to the construction, installation or work, nor professional fees, the contractor’s business profit or any other concept that does not strictly comprise the cost of material execution.
At Euro-Funding we help our clients in the detection of errors in the determination of the elements of quantification of the tax liability of each settlement. We carry out an in-depth analysis of the tax ordinances of each municipality that affect each property in order to check the correct levy and the possibility of applying the different tax benefits that may be applied in each case (exemptions, allowances and/or deductions). We provide support both in inspections and in all administrative appeals, as well as in administrative reviews.
The Tax on Constructions, Installations and Works is a local tax, which is exclusively owned and managed by the municipality and is payable when the construction, installation or work begins, even if the corresponding licence has not been obtained.
A building permit is a planning permission that can be defined as a municipal authorisation of a regulated nature that allows the execution of works or use of the land that the planning instruments have foreseen for each plot of land.
We have a multidisciplinary team of architects, engineers, lawyers and economists, who come from the collection bodies of different competent entities and other private sectors and are distributed among our offices in A Coruña, Barcelona, Bilbao, Madrid, Seville and Valencia.
We have extensive experience in the development of technological platforms to monitor our clients’ portfolios in order to make asset management more efficient after each of the changes (regulatory, jurisprudential, doctrinal, town planning, fiscal and technical) of the different Administrations involved in tax management – most of them of shared management – through alert systems, notification control and detection and geographic positioning tools (ICT, GIS, BIM).
Our specialisation in the sector, the continuous monitoring of legislative changes, the exclusive digitalisation of all processes for which we have been obtaining recognition since 2019 with the INNOVATIVE SME seal and the up-to-date training of our consultants allows the optimisation of taxation from all available perspectives, achieving numerous cases of success in the reduction of the tax burden of real estate.
We guarantee 100% successful work, we are only remunerated if we generate savings.
At Euro-Funding we have developed our own Integrated Management System consisting of: ISO 9.001 Quality, ISO 14.001 Environmental, ISO 50.001 Energy Management and Information Security Management 27.001.
We are subscribed to the United Nations Global Compact in the areas of human rights, labour, environmental protection and anti-corruption, complying with the ten principles of the Compact, as set out in its Code of Ethical Conduct.
We have been calculating and registering our Carbon Footprint in the Registry of the current Ministry for Ecological Transition and Demographic Challenge since 2014, maintaining a constant reduction of emissions.
The cash-back or tax check is an alternative for those entities that cannot apply the deduction either due to insufficient quota (negative result in the Corporate Income Tax) or due to exceeding the joint limit of application of the deductions. Ampliar información Fiscalidad Inmobiliaria Devolución IVA Extranjero Deducción discapacidad Deducciones
Economic Interest Groupings (EIGs), also known as Tax Lease, arise when a company developing an R&D&I project cannot apply the tax deduction to its activity. It is at that moment when the deduction is taken advantage of by transferring it to investors in charge of directly financing the activity. Always
The Tax on the Increase in Value of Urban Land, better known as “municipal capital gains tax”, is a conflictive tax that is levied on the increase in value of urban land -whether or not there is construction- as well as real estate with special characteristics -BICE- that is a
Review of the tax from the point of view of cadastral and tax management, previously quantifying by providing a valuation report to our clients, the estimated savings that they will obtain in the next IBI bill as well as the Refund of Undue Income of all years not prescribed, if
Checking and updating the parameters that make up the tax for its correct determination. At Euro-Funding we carry out the calculation of the IAE through a tax audit to find out the real situation of the tax, determining the correct amount to be paid. Filtrar IBI IAE ICIO Plusvalía IBI