Moderator: 3ne2nr Mods
j.o.e wrote:So allyuh bums and freeloaders never paid property tax before or even your parents ?
meccalli wrote:j.o.e wrote:So allyuh bums and freeloaders never paid property tax before or even your parents ?
Yeah, it was $100 for the year...
I don't think anyone is opposing the tax, they're opposing the method of valuation and the disparity across areas that can burn a hole in their pocket further. It's like being punished for living in a particular area or type of house..
Can we ask what exactly is the tax monies collected going to be used for ????meccalli wrote:Honestly I think a $500 to a $1000 a year would be fine with the most households, and that's still alot of money to be made.
j.o.e wrote:meccalli wrote:j.o.e wrote:So allyuh bums and freeloaders never paid property tax before or even your parents ?
Yeah, it was $100 for the year...
I don't think anyone is opposing the tax, they're opposing the method of valuation and the disparity across areas that can burn a hole in their pocket further. It's like being punished for living in a particular area or type of house..
After receiving the valuation are they unhappy?
What would be a maximum/ fair amount people would like to pay ? Honest question (of course this will differ based on income and budget )
Just trying to understand a range.
j.o.e wrote:So allyuh bums and freeloaders never paid property tax before or even your parents ?
j.o.e wrote:So allyuh bums and freeloaders never paid property tax before or even your parents ?[/b]
j.o.e wrote:After receiving the valuation are they unhappy?
What would be a maximum/ fair amount people would like to pay ? Honest question (of course this will differ based on income and budget )
Just trying to understand a range.
Anybody saw a definitive answer to this question in the press??toyolink wrote:The property tax law/regulation/act/provision just continues to confuse me.
The question of 50% trigger seems to add to the mess since the question for me is...How do they know they reach 50% if in principle they dont know what is the number that represents 100%.
Devant questions UNC on property tax
UNC activist Devant Maharaj is openly questioning the Opposition's commitment to any move by Government to implement property tax. In a video posted on Facebook on Sunday, Barataria/San Juan MP Saddam Hosein and Opposition Senator Jayanti Lutchemedial sought to outline the UNC's position on property tax.
They said despite calls from Opposition Leader Kamla Persad-Bissessar for Government to hold its hand on implementing the tax, it seems Government will do so when Finance Minister Colm Imbert presents the 2020/2012 budget in Parliament. Hosein and Lutchemedial, who are both lawyers, said many citizens have expressed concerns to them about the tax being implemented
Hosein reiterated the UNC's view that the implementation of the tax at this time would be "unwise and harsh."
He said the consequences of not paying property tax would be severe. According to Hosein, "Government has the power to levy on your personal belongings to recover property tax. That means they can seize your appliances and your furniture to recover that tax." He also claimed, "They (Government) can sell your property to collect their property tax." Hosein explained that residential properties; commercial properties; agricultural properties; industrial properties (with plant and machinery in a building); and industrial properties (with plant and machinery not housed in a building) attract taxes of three, five, one, six, and three per cent of the annual rental value of the property, respectively.
Hosein said property taxes can only be collected with the Commissioner of Valuations advises Imber that 50 per cent of the lands in TT have been valued. He added there are questions as to what determines the criteria to indicate that this target has been achieved. Hosein explained that by law, the owner of a property is obligated to pay property tax. Lutchemedial said Housing Development Corporation (HDC) homeowners will be expected to pay property tax. .
On whether the tax would be paid retroactively, Lutchemedial recalled that September 30, 2017 was the date originally set for the collection of property taxes. Hosein and Lutchmedial were uncertain whether or not this would change when Imbert presents the budget. In Facebook post, Maharaj said, "It appears the UNC via the video (of Hosein and Lutchmedial) is promoting not protecting the citizen from the property tax."
According to Maharaj, "Instead of fighting this draconian and oppressive tax, the Opposition UNC seems they decided they should assist the Government in rolling out this tax. He claimed the statements by Hosein and Lutchmedial suggest the UNC has surrendered on the property tax.
Maharaj, who has been openly critical of the UNC since it lost the August 10 general and repeatedly called for Persad-Bissessar to resign as UNC leader, declared, "We cannot surrender to the PNM as these Opposition members have done."
Redman wrote:Govt has had the ability to levy on a property for unpaid taxes....since there was a tax.
Nothing new.
zoom rader wrote:Redman wrote:Govt has had the ability to levy on a property for unpaid taxes....since there was a tax.
Nothing new.
Yeah but its aimed at Injun Land owners .
Its an Injun Tax
meccalli wrote:j.o.e wrote:So allyuh bums and freeloaders never paid property tax before or even your parents ?
Yeah, it was $100 for the year...
I don't think anyone is opposing the tax, they're opposing the method of valuation and the disparity across areas that can burn a hole in their pocket further. It's like being punished for living in a particular area or type of house..
Injun first to pay taxThe_Honourable wrote:Imbert: Mandatory property tax valuation coming
Mandatory valuations are coming so that the property tax can be determined.
The Finance Minister made this announcement early in the reading of the 2020/2021 budget.
“This government has been working assiduously to produce the required valuations, notwithstanding numerous challenges," he said. "To expedite the process and validate the information, the Commissioner of Caluations will be making mandatory requests of property owners pursuant to section 29 of the Valuation of Land Act.”
He said the objective of the exercise is to start collecting the property tax in 2021.
“We continue to assure property owners that the tax will be fair,” Imbert said.
He said the property tax would focus on residential properties first and commercial and industrial properties would soon follow.
Source: https://newsday.co.tt/2020/10/05/imbert ... on-coming/
Return to “Ole talk and more Ole talk”
Users browsing this forum: alfa, foreignused, Google [Bot], st7, VexXx Dogg and 204 guests