May 10 2019

Amendments to Local Taxes and Fees Act – gazetted

Source: IBFD Tax Research Platform News

On 10 May 2019, changes to the Local Taxes and Fees Act were published in the State Gazette. The amendments are related to the recent decision of the Constitutional Court on the real estate tax rate for residential property in resorts and provides details on refunding/offsetting overpaid amounts of tax. The changes are effective as of 20 April 2019.