Property Tax 2026: These Are the Owners Who Shouldn't Pay It This Year
The payment of property tax is an obligation for owners. Photo: Istock
TL;DR
- Property tax is an annual tax on real estate, with local authorities determining specific rates and benefits.
- Exemptions in Bogotá include communal halls, residential properties in strata 1 and 2 with low cadastral value (under 16 minimum wages), and properties with social, cultural, or public use.
- Other exempt properties include burial sites, Catholic churches, recognized religious communities, public spaces, non-profit organizations providing general interest services, and public institutions.
- Exemptions are subject to municipal requirements and may need official certifications.
- Rural properties affected by natural disasters may qualify for temporary exonerations.
- Exemption does not always mean exemption from filing; some properties must still submit formal documents.
- Failure to declare or pay applicable property tax can result in penalties, interest, or administrative actions.