Bajrami for raising property tax: Finance Ministry suspends decision on inflation

Bajrami for raising property tax: Finance Ministry suspends decision on inflation

LDK MP Hykmete Bajrami has asked the Finance Ministry to find solutions in terms of changing property tax value. That call has been made by saying that it is not the municipalities who have made recent increases. “Has not increased municipalities to property tax. In [...]

That call has been made by saying that it is not the municipalities who have made recent increases.

“Has not increased municipalities to property tax. At the time of the economic and social crisis the country is going through, citizens have only increased prices, there are no salary increases, there is no increase in pensions, there is no increase in revenues, only the price of” has been raised, she wrote.

“The property tax accounting method is predestinated under the Property Tax Law, and citizens should know that municipalities at the time we're talking have not done any action on increasing property taxes, but it's the Ministry of Labour and Transfers, which under the Law on Property Tax, Article 18 is committed to making property assessments every 3 years, an assessment which the end has done in terms of this entrepreneurship, and this assessment has led up to the breath of the taxing bill at the right time of the property that has prompted the citizens' response of the latter.

The former Master of Finance has highlighted two ways through which the solution will be offered.

“The Ministry of Finance, Labour and Transfers with a decision to suspend the recent real estate assessment in our country, because it has been made under the condition of an economic inflation and to proceed as soon as possible in the Assembly the new Property Tax Law, which has been drafted by the working group since October 2022, with which it has to clear the threshold below 0.1% and remain the only high threshold in order to allow municipalities to adjust their tax rates under the 31x>

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