Previous Story
Land owners of Daular talk about the tax to extra capital gains
Posted On 15 Jun 2015
Image: El Universo
The villagers of El Daular in Guayas, are worried and expentant by the bill that seeks to collect taxes to capital gains that was raised by the president of Ecuador Rafael Correa.
This law would charge a 75% value to extraordinary gains which exceed $ 8,496 (24 basic salaries). According to Correa, the new tax is based on the view that “any additional value which is not the result of the direct action of the owner is an illegitimate profit.”
The bordering lands to the seat of Unasur (Middle of the World) increased sixfold in value, like those acquired in the Daular and Chongón sectors, and where the new airport of Guayaquil will be built.
The president of the Commune, Julio Preciado, said they were looking for ways to talk with the president to prevent the adoption of the law.
In addition, he said that nine years ago lands neighboring to the airport were sold to farmers, and community members own about 11,400 hectares, of which 5000 are close to the lands destined for the airport.
“These lands can cost $ 5000 per hectare, depending on the location,” Preciado said. The price of those farthest descend to $ 1,000 an acre.
EcuadorTimes “The first ecuadorian digital newspaper with bilingual news on the web”
