How will the new property tax be calculated? - Deadlines/Whoever does not pay, does not receive services in the municipality, cadastre and NCC
The new tax on buildings, construction plots, agricultural and livestock lands, as well as forestry lands, will be calculated by the municipality for any immovable property subject to taxation in its territory.
According to Article 18 of the draft law on taxation of immovable property, the tax is calculated as the multiplication of the taxable value of the immovable property by the applicable tax rate and is notified to the taxpayer through the notification of the assessment of the tax on immovable property. The calculation is made taking into account the specified percentage, where for residential buildings it is 0.1% - 0.2%; for agricultural, livestock and forestry land 0.05% - 0.15%; for businesses 0.15% - 0.25% and for land 0.075% - 0.175%.
The Municipality generates real estate tax assessment notices, through the fiscal cadastre information system (SICF), no later than March 7 of each tax year.
While referring to Article 19, the real estate tax and fine, if any, shall be paid in two equal installments, by June 30 and September 30 of the tax year. The taxpayer may pay, at any time before the deadline for payment of the first installment, the total amount of the tax and fine, if any.
Article 21 of the draft law provides for punitive measures up to and including suspension of services for individuals who do not pay real estate tax. Specifically, a debtor who has not fully paid the outstanding tax obligations shall not be provided with certain municipal services until these obligations are fully paid. The services suspended by the Municipality for the implementation of this point shall be determined by decision of the Municipal Council.
Also, in addition to the lack of services in the municipality, citizens will not be provided with services from central institutions: the State Cadastre Agency; the Territorial Development Agency; the National Business Center; and the Directorate of Public Road Transport Services.
Only services related to the provision of official information, as well as the issuance of copies of documents or certificates, are not suspended.
To benefit from the services, debtors must submit to the relevant institution or the relevant directorate in the municipality, a certificate issued by the structure responsible for the real estate tax in the Municipality, which proves the full settlement of unpaid tax obligations.
If the requested service is related to specific real estate that the debtor owns, possesses, uses or is developing, a certificate proving the payment of outstanding tax liabilities for those assets only is sufficient. For all other services that are not related to specific assets, it is necessary to submit a certificate proving the payment of all outstanding tax liabilities that the debtor has.
The implementation of the new tax based on market value will be carried out in two phases, first for buildings and then for land. Implementation will begin in 2029, for building units, and in 2031, for plots.
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