GENERAL AND CONTROVERSIAL ASPECTS OF THE URBAN LAND AND PROPERTY TAX

Abstract

This paper aims to analyze the tax on urban land and property (“IPTU”) in its basic and more specific elements. The property tax is one of the most popularly widespread taxes, given that it focuses on real estate assets, specifically on buildings and land in the urban area. The aim here is to address some of the constitutional tax principles that encompass this tax; analyze the elements of the tax incidence matrix rule; advance to the issue of progressive tax; and, finally, discuss the controversial aspects surrounding the property taxes. Analyses and discussions on the subject are relevant to society, given the importance of this tax, the impact on daily life and the duties and obligations of the tax entity to obey all constitutional precepts in the institution, supervision and collection of property tax.