Tax base and formula ?
a "typical" property in Costa Rica that cost $120,000 would be evaluated at about $12,000 max for tax base which is 1/4 of 1% or in this case $30.00 per year - the "tax base" is the highest recorded value for the property, so the guys who finance 70% of purchase price would up the "base" to $84,000 and the 1/4 x 1% tax would become $210 per year - what would these numbers look like in Panama ?
muchas the gracias
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