January 26, 2021 · Alejandro Santelices
The local tax on increased value of real estate: can it be confiscatory and, therefore, deemed void?
The Third Chamber of the Supreme Court (hereinafter, SC) addresses this particular issue in its recent decision No. 1689/2020, of December 9 (appeal No. 6386/2017). In this case the facts are the following:
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