IPTU for obsolete properties can be annulled
11 de December de 2024, às 22:26
Alcemir Junior
The IPTU is a tax paid by the owner of the property and regulated by the municipalities, some of which establish the property's market value as the basis for calculation, such as the Municipality of São Paulo.
Therefore, the property's market value must be as close to the real value as possible and must take into account, in addition to the real standard classification of the property, the state of conservation, usefulness and potential interest of the property, i.e. its obsolescence.
It was in this sense that the TJSP decided that an IPTU assessment should be annulled because it failed to consider these two aspects for the purposes of establishing the calculation basis: the actual classification and obsolescence, since these factors have a direct impact on the real value of the property.
Check what value the municipality is assigning to your property for IPTU calculation and, if you have any doubts, consult a lawyer who specializes in the area. You may be able to reduce the amount you've been paying and cancel undue charges.
Therefore, the property's market value must be as close to the real value as possible and must take into account, in addition to the real standard classification of the property, the state of conservation, usefulness and potential interest of the property, i.e. its obsolescence.
It was in this sense that the TJSP decided that an IPTU assessment should be annulled because it failed to consider these two aspects for the purposes of establishing the calculation basis: the actual classification and obsolescence, since these factors have a direct impact on the real value of the property.
Check what value the municipality is assigning to your property for IPTU calculation and, if you have any doubts, consult a lawyer who specializes in the area. You may be able to reduce the amount you've been paying and cancel undue charges.
