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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Miaoli County Adjusts Property Land Value Grades in Four Townships, Affecting Over 7,000 Households

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Miaoli County government will adjust property land value grades in four townships starting July 1.
  • Approximately 7,407 households will be affected by the changes.
  • The adjustments are part of a triennial review to ensure tax fairness and consider local development.

Miaoli County's tax bureau is set to revise property land value grades in four townships, a move impacting an estimated 7,407 households. The adjustments, effective July 1, will influence property taxes levied from next year.

This periodic review, conducted every three years, aims to balance taxpayer burdens, government revenue, and tax equity. The county's real estate appraisal committee has reassessed land values in areas with significant development, new roads, or urban planning changes. Specifically, 54 street sections across Miaoli City, Tongluo Township, Toufen City, and Zhunan Town will see their land value rates adjusted. Other areas will remain unchanged.

The tax bureau highlighted that the revisions consider factors like housing supply and demand in urbanized zones. Toufen City's Dafeng Street will have its land value rate adjusted, and Nanzhuang Township's Wenhua Road will be renamed. Residents can find detailed information on the Miaoli County Government Tax Bureau website or by calling 037-331900.

For the sake of residential justice, considering the people's tax burden, fiscal revenue, and tax fairness, we have re-examined the housing supply and demand in urbanized areas with major construction projects, new roads, and redevelopment zones.

โ€” Miaoli County Government Tax BureauExplaining the rationale behind the adjustments to property land value grades.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.