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Reintroduction of Property Tax will See Retroactive Payments Charged.

Reintroduction of Property Tax will See Retroactive Payments Charged.

Minister of Finance, Colm Imbert indicates that the property tax will not be charged retroactively to landowners.

He says that the government will introduce the tax in a fair manner and the ground work to accommodate the measure is being carried out.

Minister Imbert gave the update during his presentation of the Mid-Year Budget Review in the parliament on Thursday.

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