1. The municipal property tax (IMI) is levied on the taxable property value (VPT) of rural and urban property located in Portuguese territory and constitutes revenue of the municipalities in which that property is located.
1 - O imposto municipal sobre imóveis (IMI) incide sobre o valor patrimonial tributário dos prédios rústicos e urbanos situados no território português, constituindo receita dos municípios onde os mesmos se localizam.
2. The additional municipal property tax (AIMI), net of collection costs and of the estimated tax credits (deductions from the tax charge) for personal income tax (IRS) and corporate income tax (IRC), constitutes revenue of the Social Security Financial Stabilisation Fund (Fundo de Estabilização Financeira da Segurança Social).
2 - O adicional ao imposto municipal sobre imóveis, deduzido dos encargos de cobrança e da previsão de deduções à coleta de imposto sobre o rendimento das pessoas singulares (IRS) e de imposto sobre o rendimento das pessoas coletivas (IRC), constitui receita do Fundo de Estabilização Financeira da Segurança Social.
Check that IMI is levied on the taxable property value of rural and urban property in Portuguese territory as municipal revenue, and that AIMI revenue goes to the Social Security Financial Stabilisation Fund net of collection costs and the estimated IRS and IRC tax credits.
We check property valuations and IMI and AIMI assessments, apply for exemptions, handle complaints against valuations and plan ownership through individuals or companies, in English. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.