Akash Sama­roo

The Min­is­ter of Fi­nance con­firms that the Gov­ern­ment will im­ple­ment Prop­er­ty Tax for res­i­den­tial prop­er­ties “in the cal­en­dar year 2022.” 
The state­ment was made in the Low­er House this af­ter­noon. 

But when in 2022? That ques­tion was posed to Min­is­ter Im­bert by Op­po­si­tion Mem­ber of Par­lia­ment, Sad­dam Ho­sein. 

“Be­fore the 31st of De­cem­ber, 2022,” Min­is­ter Im­bert said. 

On May 6, Min­is­ter Im­bert said there are 400,000 res­i­den­tial prop­er­ties and the Com­mis­sion­er of Val­u­a­tions has re­ceived re­turn forms for 247,999 where res­i­den­tial land is con­cerned. That trig­gered the 50% re­quire­ment need­ed for the roll­out of the tax. 

But Min­is­ter Im­bert was asked what penal­ties will non-com­pli­ant cit­i­zens face and if there was any con­sid­er­a­tion of waiv­ing the $5000 fine for not sub­mit­ting the doc­u­men­ta­tion. 

“All of the an­swers to that ques­tion will be found in the rel­e­vant leg­is­la­tion whether the state can waive the fine or not,” Min­is­ter Im­bert said. 

Guardian Me­dia was re­li­ably in­formed that the laws do not speak to the waiv­ing of fines.

CLICK FOR MORE NEWS