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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Zoning Law to be debated in September

Posted On 25 Aug 2014

It is possible that the draft Zoning, Land Use and Management Law begins to be officially discussed in next September by the Committee of Autonomous Governments of the Assembly.

For now the commission works with a preliminary draft prepared by consultants of the European Union, however, the Ministry of Housing and Urban Development plans to send another text these days.

In the issue, last Saturday, during his nation-wide broadcast, President Rafael Correa announced that this new text will include an article for the creation of a tax on the added value of land, which will be shared between the Government and the Municipalities.

Meanwhile, Hector Macias, president of the Association of Realtors, does not know the executive’s proposal, but said it is “necessary to regulate land prices because sometimes, unscrupulously, people increases property values.”

Tax on added value of land to be implemented in Ecuador.

Tax on added value of land to be implemented in Ecuador.

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