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FIXED DATES FOR SUBMISSION OF VALUATION OF IMMOVABLE PROPERTY

July 03, 2020

NOTICE

 FIXED DATES FOR SUBMISSION OF VALUATION OF IMMOVABLE PROPERTY

In accordance with section 15(7) of the Immovable Property Tax Act, 2019, the Minister responsible for finance hereby gives notice that any non-Seychellois who is liable to pay immovable property tax shall submit the market value of his or her immovable property to the Chief Valuation Officer.

A valuation shall be submitted to the Chief Valuation Officer from 1 July 2020 to 30 November 2020. A non-Seychellois who fails to submit an application to the Chief Valuation Officer in accordance with the Act shall be liable to pay the Chief Valuation Officer a fine of SCR 3000 plus SCR 100 for each week or part of a week until the valuation is submitted or made, if the taxpayer fails to submit —

 

(a)                a valuation to the Chief Valuation Officer on the date fixed by the Minister; or

 

     (b)               a new valuation when there is an improvement in relation to immovable property.

 

 

Dated this 1st day of July, 2020

 

MAURICE LOUSTAU-LALANNE

MINISTER RESPONSIBLE FOR FINANCE

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