Farm land.

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Re: Farm land.

Post by admin » Sat Jun 15, 2019 2:33 pm

Gloria wrote:
Sat Jun 15, 2019 2:23 pm
admin wrote:
Sat Jun 15, 2019 2:08 pm
mem wrote:
Sat Jun 15, 2019 1:11 pm
I havent heard of the 5 hectare rule. I have heard of the 1 hectare rule without a house where apparently the property tax is 0%.

So a more pointed question...is it true that there could be 1 hectare rural properties with no house somewhere in rural Chile with 0% property tax?
yea i own one that is tax exempt, with a house on it.

turns out president pinera owns one too. :lol:
This means you have not regulated your house. You may laugh now but......"is pay me now or pay me later"........when it's time for you to sell it, by law you must regulate it or cannot sell. By when you do, you may have to pay retroactive those years you didn't pay and then guess who will be laughing last.....
does not even remotly work like that.
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mem
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Re: Farm land.

Post by mem » Sat Jun 15, 2019 3:04 pm

Image

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41southchile
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Re: Farm land.

Post by 41southchile » Sat Jun 15, 2019 3:07 pm

Gloria wrote:
Sat Jun 15, 2019 2:36 pm
Sorry for the dissapointment but yes it is!
If you sell to a cash buyer you dont have to get in order it's only if there is a mortgage or you come to an agreement with the buyer you will do it. Has this changed in last 6 months?
Also how are they going to back tax you, you can just fudge the construction date, I've never heard of anyone being back taxed, has this changed recently too? Because at the end of 2018 it was not as you claim.
I can't decide for you. You'll have to make up your own mind.

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Re: Farm land.

Post by admin » Sat Jun 15, 2019 4:16 pm

first, none of that has anything to do with any my particular properties that are tax exampt; but, just to humor Gloria...

This is what happens when you don't pay:

https://www.cnnchile.com/pais/casa-pine ... _20190528/

statute of limitations

use it or loose it.

in case you are confused about how that works:

https://en.m.wikipedia.org/wiki/Statute_of_limitations
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Re: Farm land.

Post by admin » Tue Jun 18, 2019 12:28 pm

well for all of you that felt left out of the property tax party, brace for impact.

Thanks to the high-profile natue of Pinera's screw-up with his own property, it looks like the chilean IRS suddendly is motivated to reasses property taxes all across the country, especially on rural properties it had ignored.

so far, we have two property tax reassements this month for client's properties, that paperwork had been pending at the IRS for months and one for years with no movement by the IRS. poof, the beucratic dam broke.

One got a bill for three years of back taxes, one got a one year bill. we highly doubt that is an accident.

so if you have property that the taxes have not changed in a long-time, keep an eye out for sudden changes in assesed value.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
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From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

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Re: Farm land.

Post by Putenio » Tue Jun 18, 2019 1:01 pm

It's written in our title, compra/venta, registro, etc. as tax exempt, agricultural use. Unless there is a change in the use and designation of the property, it should remain valid.

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Re: Farm land.

Post by 41southchile » Tue Jun 18, 2019 2:47 pm

admin wrote:
Tue Jun 18, 2019 12:28 pm
well for all of you that felt left out of the property tax party, brace for impact.

Thanks to the high-profile natue of Pinera's screw-up with his own property, it looks like the chilean IRS suddendly is motivated to reasses property taxes all across the country, especially on rural properties it had ignored.

so far, we have two property tax reassements this month for client's properties, that paperwork had been pending at the IRS for months and one for years with no movement by the IRS. poof, the beucratic dam broke.

One got a bill for three years of back taxes, one got a one year bill. we highly doubt that is an accident.

so if you have property that the taxes have not changed in a long-time, keep an eye out for sudden changes in assesed value.
Another screw up by Piñera, thanks Sr Doufus . Bout sums him up. A wasted opportunity this administration has been, I know there have been some things that have made him almost a lame duck in some ways, still I guess we can just be grateful he kept Guiller out, that is seemingly like his ONLY saving grace. The way things are going this will only be a one term derecha govt when it needed to be at least 2 , back to more motaniveladoras in 2022.
I can't decide for you. You'll have to make up your own mind.

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Re: Farm land.

Post by admin » Tue Jun 18, 2019 4:01 pm

the tax exempt status of most rural agro properties is not going anywhere. that is too big a political hot potate for either the left or the right. same reason that the wood contamination is not getting fixed. effects a lot poor people, and there are more poor people to vote in chile than rich people.

chile just needs a super simple token property tax, and get rid of all the mystery formulas that are sometimes applied.
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Re: Farm land.

Post by nwdiver » Tue Jun 18, 2019 10:05 pm

I agree, a property I have in Canada, 10 acres, as an operating farm ;) ;) is $1250 a year, as a rural residence $4200-5000 a year, ok I farm clove and bees.....I think that's fair, it also can get cheap stuff as a farm, equipment has no taxes and I can buy manufacturer direct......
It's all about the wine.

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Re: Farm land.

Post by admin » Wed Jun 19, 2019 7:30 pm

41southchile wrote:
Tue Jun 18, 2019 2:47 pm
admin wrote:
Tue Jun 18, 2019 12:28 pm
well for all of you that felt left out of the property tax party, brace for impact.

Thanks to the high-profile natue of Pinera's screw-up with his own property, it looks like the chilean IRS suddendly is motivated to reasses property taxes all across the country, especially on rural properties it had ignored.

so far, we have two property tax reassements this month for client's properties, that paperwork had been pending at the IRS for months and one for years with no movement by the IRS. poof, the beucratic dam broke.

One got a bill for three years of back taxes, one got a one year bill. we highly doubt that is an accident.

so if you have property that the taxes have not changed in a long-time, keep an eye out for sudden changes in assesed value.
Another screw up by Piñera, thanks Sr Doufus . Bout sums him up. A wasted opportunity this administration has been, I know there have been some things that have made him almost a lame duck in some ways, still I guess we can just be grateful he kept Guiller out, that is seemingly like his ONLY saving grace. The way things are going this will only be a one term derecha govt when it needed to be at least 2 , back to more motaniveladoras in 2022.
Well, as much fun as it is to bash on Pinera, funny conversation I overheard between my wife and one of our Argentinean clients the other day.

My wife was like, "yea, no one is too happy with pinera right now and the economy is not doing so great".

Client said something like: "Are you kidding me? Chile's inflation rate last month was something like 0.03%, and our inflation was 3.2%. Our monthly inflation rate is higher than Chile's annual inflation. I go to the store to buy milk, and the guy can not sell it to me because he does not know how much it costs at that moment".

Well, at least the lights are still on in Chile. Not so sure about Argentina.

I cut pinera some slack (for the moment). He, and the central bank, are doing what they should be doing. Copper prices are down, trade war is up, but they are cutting interest rates and injecting several billion in to the economy in infrastructure projects. As appose to Bachelet when the economy was down, and then her administration went and shot the economy with both barrels (tax reform, education reform, etc, etc) to make sure it stayed down. She actually bluntly said, "screw economic growth". Pretty much anything they could think of to kill the economy.

Still, the unforced error, like not having his building permits in order, taking his kids to China with him, etc those are totally fair game to make fun of him.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

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Re: Farm land.

Post by 41southchile » Wed Jun 26, 2019 4:39 pm

admin wrote:
Wed Jun 19, 2019 7:30 pm
41southchile wrote:
Tue Jun 18, 2019 2:47 pm
admin wrote:
Tue Jun 18, 2019 12:28 pm
well for all of you that felt left out of the property tax party, brace for impact.

Thanks to the high-profile natue of Pinera's screw-up with his own property, it looks like the chilean IRS suddendly is motivated to reasses property taxes all across the country, especially on rural properties it had ignored.

so far, we have two property tax reassements this month for client's properties, that paperwork had been pending at the IRS for months and one for years with no movement by the IRS. poof, the beucratic dam broke.

One got a bill for three years of back taxes, one got a one year bill. we highly doubt that is an accident.

so if you have property that the taxes have not changed in a long-time, keep an eye out for sudden changes in assesed value.
Another screw up by Piñera, thanks Sr Doufus . Bout sums him up. A wasted opportunity this administration has been, I know there have been some things that have made him almost a lame duck in some ways, still I guess we can just be grateful he kept Guiller out, that is seemingly like his ONLY saving grace. The way things are going this will only be a one term derecha govt when it needed to be at least 2 , back to more motaniveladoras in 2022.
Well, as much fun as it is to bash on Pinera, funny conversation I overheard between my wife and one of our Argentinean clients the other day.

My wife was like, "yea, no one is too happy with pinera right now and the economy is not doing so great".

Client said something like: "Are you kidding me? Chile's inflation rate last month was something like 0.03%, and our inflation was 3.2%. Our monthly inflation rate is higher than Chile's annual inflation. I go to the store to buy milk, and the guy can not sell it to me because he does not know how much it costs at that moment".

Well, at least the lights are still on in Chile. Not so sure about Argentina.

I cut pinera some slack (for the moment). He, and the central bank, are doing what they should be doing. Copper prices are down, trade war is up, but they are cutting interest rates and injecting several billion in to the economy in infrastructure projects. As appose to Bachelet when the economy was down, and then her administration went and shot the economy with both barrels (tax reform, education reform, etc, etc) to make sure it stayed down. She actually bluntly said, "screw economic growth". Pretty much anything they could think of to kill the economy.

Still, the unforced error, like not having his building permits in order, taking his kids to China with him, etc those are totally fair game to make fun of him.
Yeah maybe too hard on Piñera, in light of what's going on. Although hearing some of those infrastructure projects are all smoke and mirrors to make headlines, the Chiloe dual carridegeway of ruta 5 has suddenly been pushed back, when a few months ago it was all go apparantly. I'm not saying Piñera is shit, he is just being portrayed that way and that is a worry, for Chile to really take off and shake all those socialist/communist/ there needs to be another bloc from the derecha next election
I can't decide for you. You'll have to make up your own mind.

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Re: Farm land.

Post by admin » Thu Jun 27, 2019 12:56 pm

41southchile wrote:
Wed Jun 26, 2019 4:39 pm
admin wrote:
Wed Jun 19, 2019 7:30 pm
41southchile wrote:
Tue Jun 18, 2019 2:47 pm
admin wrote:
Tue Jun 18, 2019 12:28 pm
well for all of you that felt left out of the property tax party, brace for impact.

Thanks to the high-profile natue of Pinera's screw-up with his own property, it looks like the chilean IRS suddendly is motivated to reasses property taxes all across the country, especially on rural properties it had ignored.

so far, we have two property tax reassements this month for client's properties, that paperwork had been pending at the IRS for months and one for years with no movement by the IRS. poof, the beucratic dam broke.

One got a bill for three years of back taxes, one got a one year bill. we highly doubt that is an accident.

so if you have property that the taxes have not changed in a long-time, keep an eye out for sudden changes in assesed value.
Another screw up by Piñera, thanks Sr Doufus . Bout sums him up. A wasted opportunity this administration has been, I know there have been some things that have made him almost a lame duck in some ways, still I guess we can just be grateful he kept Guiller out, that is seemingly like his ONLY saving grace. The way things are going this will only be a one term derecha govt when it needed to be at least 2 , back to more motaniveladoras in 2022.
Well, as much fun as it is to bash on Pinera, funny conversation I overheard between my wife and one of our Argentinean clients the other day.

My wife was like, "yea, no one is too happy with pinera right now and the economy is not doing so great".

Client said something like: "Are you kidding me? Chile's inflation rate last month was something like 0.03%, and our inflation was 3.2%. Our monthly inflation rate is higher than Chile's annual inflation. I go to the store to buy milk, and the guy can not sell it to me because he does not know how much it costs at that moment".

Well, at least the lights are still on in Chile. Not so sure about Argentina.

I cut pinera some slack (for the moment). He, and the central bank, are doing what they should be doing. Copper prices are down, trade war is up, but they are cutting interest rates and injecting several billion in to the economy in infrastructure projects. As appose to Bachelet when the economy was down, and then her administration went and shot the economy with both barrels (tax reform, education reform, etc, etc) to make sure it stayed down. She actually bluntly said, "screw economic growth". Pretty much anything they could think of to kill the economy.

Still, the unforced error, like not having his building permits in order, taking his kids to China with him, etc those are totally fair game to make fun of him.
Yeah maybe too hard on Piñera, in light of what's going on. Although hearing some of those infrastructure projects are all smoke and mirrors to make headlines, the Chiloe dual carridegeway of ruta 5 has suddenly been pushed back, when a few months ago it was all go apparantly. I'm not saying Piñera is shit, he is just being portrayed that way and that is a worry, for Chile to really take off and shake all those socialist/communist/ there needs to be another bloc from the derecha next election
Yea, the other right wing block, is probably kkkast. Not sure there is a possibility of an effective second "center right" party. The DC, after getting so burned flirting with the far left, might move to grab that center right territory in the next presidential election; but, that is just speculation.

The socialist party, with all of the corruption cases, pro-immigration stance, and the narco-politic scandal, has pretty much collapsed in on itself from its own internal bullshit. That leaves a fairly big political hole on the left. Those former supporters of the socialist party, either have to break far left, or move to the center right. That means a DC or NM to the right, or communist party and FA on the far left.

Overall, my sense of where the left stands, is that the they are loosing a lot of supporters over recent years. Some friends of mine that were very hard-core socialist / communist party type supporters since the 80's, and use to take the view "I will never vote for the right because voting for right means voting for the return of the dictatorship" types, voted for Pinera last time. They are seriously disillusioned with the corruption and incompetence the left has brought to the table over the last two Bachelet administrations.

I see a lot of younger lefty voters I know leaning to supporting the FA (university age of course); older, former socialist / communist party supporters (dictatorship kids), are breaking more right and skipping the DC in the middle all together. The DC is for the most part a rebranded socialist party, that was a bit more palatable for general center voters in a post-dictatorship time. That ship has sailed, and most of those voters don't want to hear anymore about the "we are the party that opposes the dictatorship". The DC, socialist, and communist parties have pretty much defined their existence around the dictatorship, and have very little else to offer. The younger generation sees them as being as much the problem, as the far right. Thus why the FA has gained so much ground on the left.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

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