Page 13 - Consumer Mathematics
P. 13
• THE TAX LEVIED ON THE OWNER OF AGRICULTURAL LAND, CORPORATE LAND AND LAND WITH BUILDING.
• THIS TAX IS INTERPRETED AS LEASE UNDER SECTION 5 OF NATIONAL LAND CODE 1965.
Who is collecting?
State land authority, which is State Land Office.
is a tax levied on stratified
properties (for example, apartments and
condominiums) to replace quit rent.