Municipal Tax

Recources

The rates for municipal tax are set at two levels. On business property the levy is fixed at 8.5 percent, while the rate for residences, rented as well as owner-occupied, is set at the lesser 6.5 percent. However, local tax collection is very spasmodic.
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The tax is imposed on the rental value of buildings that can be real or estimated by the municipality.
The annual municipal tax is calculated as follows:
For residential buildings:
• 5% on the rental value in addition to 1.5% as a maintenance fee
For non-residential buildings:
• 7% on the rental value in addition to 1.5% as a maintenance fe