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The IMI value will reflect the valuation of the second home due to market distortion

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The IMI value will reflect the valuation of the second home due to market distortion

The result of requests for reassessment of the taxable value of homes, justified by the fact that it is distorted relative to market value, will now be reflected in the IMI payable by the owner.

This measure is included in the State Budget Proposal for 2022 (OE2022) and will allow, in contrast to what is currently happening, to provide IMI with the same treatment that is already given today by the IRS, IRC, as a result of the second property assessment. or IMT.

The IMI Code provides that if a taxpayer, municipality or CFO disagrees with the result of a direct appraisal of city property, they can request or promote, respectively, a second appraisal with a period of 30 days prior to doing so from the date the taxpayer is notified.

This second estimate can be requested, among other reasons, when there is a distortion between the taxable patrimonial value (VPT) of the property (to which the IMI applies) and the normal and market value.

In these situations, a second assessment is carried out by the committee that sets up the new VPT. However, in the light of the legal regulations in force, the result of this second assessment, based on market distortion, is only taken into account for IRS, IRC or IMT purposes and not IMI.

However, as highlighted by Lusa Ricardo Reis of consulting firm Deloitte, the OE2022 proposal extends the results of this new assessment to IMI.

Thus, the inspector explains, the municipal property tax will also be calculated on the basis of the VPT established as part of this second assessment, which will ultimately lead to a reduction in the tax payable annually by the owner.

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On the evening of the 11th, the government presented to the Assembly of the Republic a proposal for OE2022, which predicts that the Portuguese economy will grow 4.8% in 2021 and 5.5% in 2022.

The first OE2022 parliamentary debate process will take place from 22 to 27 October, the day of the general vote. The final global vote is scheduled for November 25 at the Portuguese parliament in Lisbon.

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Economy

Toyota believes hydrogen can kill gasoline | fuel

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Toyota believes hydrogen can kill gasoline |  fuel

It includes hydrogen, which energy that can come from renewable sources, but that doesn’t mean it’s almost 100% clean solution, as is the case with Mirai, a fuel cell vehicle that Toyota began selling this year also in Portugal. However, the Japanese brand, which is exploring many mobility options, believes it can cut emissions by using hydrogen instead of gasoline in its internal combustion engines.

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Analyst thinks top 10 cryptocurrencies could grow 420% in 2022

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Criptomoeda do Top 10 pode valorizar 420% em 2022, diz analista

XRP is one of analyst Mikael van de Poppe’s top bets for 2022. According to a recent video, van de Poppe estimates the cryptocurrency could rise to 420% next year. Based on the current price ($ 0.83), XRP could hit $ 4.30 at the end of this cycle.

With a 17.39% drop in the past seven days, XRP records one of the worst weekly numbers in the top ten. However, the cryptocurrency is registering a 4.75% gain in the past 24 hours – the largest gain in that period.

An important level of support

At the start of this cycle, van de Poppe is targeting the area between $ 0.81 and $ 0.97. If XRP stays between this level, the first high leverage path will be tracked.

In that sense, XRP will start a strong 140% rally. Thus, about a third of the movement depends on the current area of ​​support and resistance.

“If they’re going to hold back, we’ll probably have a scenario like this (a $ 2 rally) when we start leaving. These are triggers ($ 0.90, $ 1 and $ 1.20), so we get vertical movement, ”the analyst said.

The first bullish target is precisely the $ 2 area. Van de Poppe then uses the Fibonacci extension tool to indicate the next XRP target points. At the first of these points, the target price is $ 2.87, which is 345% higher than the current price.

Finally, the last target based on the Fibonacci extension is the $ 4.33 zone. At this price level, XRP could rise as much as 521%. However, in the most “pessimistic” scenario, the rate should rise by about 4 US dollars, which will eventually lead to an increase of 420% at the end of the cycle.

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“Transient” fall

After filming the video, van de Poppe received several requests from his nearly 600,000 YouTube subscribers. The main one concerns the drop in XRP, the price of which collapsed along with the rest of the market.

In response, van de Poppe recalled that these predictions were made before the crash, but have not changed. According to the analyst, the fall in the market, as well as bearish sentiment in the long term, did not worry him.

“The fear was not that great compared to what happened in May. The feeling is literally comparable to a funeral. I love that, ”he said.

The Market Fear and Greed Index currently stands at 25, indicating “extreme fear,” but it even dropped to 16 (16) on Monday. The increase in the index is in line with the recovery recorded on Tuesday (7), when Bitcoin (BTC) recovered back to the $ 51,000 level.

Read also: BTG Launches Ethereum-Related Fund (ETH)

Read also: Young and pessimistic: research reveals the profile of a Brazilian cryptocurrency investor

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Rival Cryptocurrency Ethereum Rises 12,000% And Challenges ETH Throne

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Criptomoeda concorrente do Ethereum sobe 12.000% e desafia o trono do ETH

Rival Ethereum (ETH) is making a big leap in the cryptocurrency market after huge profits this year. Crypto assets overcame barriers and made it to the select list of the ten largest crypto assets by market value.

Terra (LUNA), which is a smart contract network focused on stablecoins used for payments in e-commerce and decentralized financial services (DeFi), caught the spotlight last year and challenged the throne of ETH.

LUNA is gaining momentum this year. The cryptocurrency opened in 2021 at $ 0.65 and hit an all-time high of $ 78.37 on December 4. Thus, it grew by more than 11.956%.

With this indicator, Ethereum’s competitor toppled the Dogecoin (DOGE) memcoin and is now the tenth largest crypto asset. Its market value is US $ 25.70 billion.

The appreciation of the currency follows a parabolic rise in the total locked-in value (TVL).

According to DeFiLlama, TVL Terra has grown from $ 53.15 million to $ 13.32 billion. This is an impressive growth of almost 25,000% in less than 12 months.

moon

When it comes to TVL, Terra is the third largest blockchain. It lags behind Ethereum with $ 169.47 billion and Binance Smart Chain with $ 16.88 billion.

To explain this meteorite rise, the analyst cryptocurrencies aka Guy said the demand for stablecoins on the Earth platform is the main catalyst for the cryptocurrency boom.

“These speakers sent LUNA to the moon. And while I noticed a slight adjustment over the weekend, if LUNA grows to $ 75 over the next few days, $ 90 is coming soon, ”he said.

Finally, the analyst noted that with the growing interest in cryptoassets, the demand for stablecoins should increase. As a result, in the coming year, this may contribute to the further development of LUNA.

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Read also: Analyst thinks top 10 cryptocurrencies could grow 420% in 2022

Read also: Brazilian NFT Platform Launches Meme Contest

Read also: Young and pessimistic: research reveals the profile of a Brazilian cryptocurrency investor

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