Owners of properties subject to Additional Municipal Property Tax (AIMI) must pay this tax to date.
The additional IMI is charged for the first time in 2017 and is paid annually, during the month of September, based on the tax asset values (VPT) of the buildings included in the matrices on January 1 of the year to which the tax relates .
AIMI is levied on the sum of the VPT of urban buildings (including building land), excluding urban buildings classified as “commercial, industrial or for services” and “other”. Properties that were exempt or not subject to the payment of IMI in the previous year are also excluded from the scope of this tax.
According to available official data, AIMI revenues in 2022 amounted to 144.08 million euros, a figure indicating a slight decrease compared to the previous year (144.12 million euros) and the lowest since the tax was imposed.
AIMI is aimed at businesses and individuals and has different rates for each of these types of taxpayers.
According to the applicable rules, companies pay a tax of 0.4% on the entire asset value of urban residential buildings and construction lands.
For private individuals, the tax consists of three tax brackets: a rate of 0.7% on the capital value of properties above 600 thousand euros; another 1% if the value is greater than one million euros; and a third of 1.5% for amounts above two million euros.
Married couples and civil partners can double these tax-excluded amounts if they opt for joint taxation.
AIMI is also payable for undivided inheritances and can be applied to the entire inheritance or to the share of each heir, if they communicate this intention to the AT, a procedure that must be indicated by the head of the couple and must be carried out annually by all heirs are confirmed.
The income from additional IMI is allocated to the Social Security Financial Stabilization Fund (FEFSS).
Source: DN
