Land tax starts this year, fine for those who don't pay

According to the property tax department, which is under the Ministry of Finance, taxes on land will be implemented this year for parcels in the forest, residential, commercial and industrial categories.

For agricultural parcels, land tax will be implemented in 2020. The cultivated agricultural land will be released from property tax. The tax will be based on the estimated value of parcels. The estimated value reflects market value, and it is determined through an official nationwide assessment. Taxation on earth will be gradually implemented so that large tax increases can be avoided. This will be done through a general discount during determining the taxable value. Tax rates are determined by the Municipal Assembly. Tax taxes on parcel property will be issued by 2019. If you are responsible for paying property tax for objects, your bill will cover both land and objects. The bill will be sent basically to the taxpayers' address, not to the property address as before. If you haven't accepted your bill, you can always get it at our electronic service or in the municipality of”, it says, reporting this department.

The property tax department says it is important to get your bill as soon as possible because fines and interest will be applied in all cases of late pay.