5 ms·
Hi! I used to live in El Salvador. > It could still be a good one if he kept property taxes and only taxed land value. El Salvador's central government does
by el-salvador 5y ago
Hi! I used to live in El Salvador.
> It could still be a good one if he kept property taxes and only taxed land value.
El Salvador's central government does not charge yearly property taxes. Property taxes are paid when a property is sold or transferred.
There is also a monthly "fee" [1] payable to the local government (county/alcaldía) based on the area of the property, for providing local services like garbage collection, road lightning, CCTV, and annual local festival of each town.
The difference between tax and fee is something particular from El Salvador law. Only the central government can charge taxes (impuestos), while local governments (like a city or town) can charge fees (tasas). I'm not a lawyer, so I may not be 100% correct, but I think the difference is that "fees" are paid for services directly provided, while taxes are not linked to an specific service.