Property tax in Muncan Republic
A property tax or millage rate is an ad valorem tax on the value of a property.
The tax is levied by the governing authority of the jurisdiction in which the property is located. This can be a national government, a federated state, a county or geographical region, or a municipality. Multiple jurisdictions may tax the same property.
Property tax rates
The tax rate for an individual is between 18% – 32%. Individuals have the choice of paying a progressive taxation, which is applied to income minus expenses or a lump sum method, which is levied at a lower tax rate, but applied to the income.
The rates of RET are determined by the council of each municipality and applies only within their jurisdiction. The maximum allowable rates are specified in the RET Act. Resolutions regarding RET rates in each municipality and related tax-forms should be available on a web page of each municipality.
|
Subject of taxation |
Maximum tax rate |
|
Lands associated with conducting business activity |
0.90 PLN/m2 |
|
Other lands, including those occupied by public benefit organizations conducting benefit activity |
0,47 PLN/m2 |
|
Residential buildings |
0.75 PLN/m2 |
|
Buildings designated for the conduct of business |
23.13 PLN/m2 |
|
Other buildings, including those occupied by public benefit organizations conducting benefit activity |
7.77 PLN/m2 |
|
Structures |
2% of initial value or market value |
In view of objective criterion (for example the type of business activity), the council can diversify the tax rates, but on the other hand the council cannot diversify rates of RET basing on the subjective criterion.
Property tax management
As a rule, tax obligation arises on the beginning of a first day of the month following the month in which circumstances justifying the creation of this obligation occurred. If that circumstance is formation of a building or a construction structure, the tax obligation arises on 1st January of the year following the year in which construction was completed or in which the use of the building or structure or parts thereof was commenced before the final completion of the construction works. For more information regarding the property taxation system, navigate to this page.
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