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In January 1908, the first local government body was established in Moratuwa. It was chaired by the Government Agent, and consisted of 6 representatives: 3 members of the public and 3 Government officials. [2] In 1930, the Moratuwa Urban Council was established.
The amount of property tax is equal to the tax base x the tax rate voted by the municipality. The tax base is equal to 50% of the cadastral rental value of the property (For non-built properties, this tax base is equal to 80%). To this base is then applied the revaluation coefficient. (It stood at 1.012 for 2020).
The Internal Revenue Allotment (IRA) is a local government unit ’s (LGU) share of revenues from the Philippine national government. Provinces, independent cities, component cities, municipalities, and barangays each get a separate allotment. The allotment is largely based upon the type of government they are and a formula based upon their ...
Moratuwa. Moratuwa (Sinhala: මොරටුව) is a large municipality in Sri Lanka, on the southwestern coast of Sri Lanka, near Dehiwala-Mount Lavinia. It is situated on the Galle – Colombo (Galle road) main highway, 18 km (11 mi) south of the centre of Colombo. Moratuwa is surrounded on three sides by water, except in the north of the ...
Money portal. v. t. e. A land value tax (LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. [1] Some economists favor LVT, arguing it does not cause economic inefficiency, and helps reduce economic inequality. [2]
e. An ad valorem tax (Latin for "according to value") is a tax whose amount is based on the value of a transaction or of a property. It is typically imposed at the time of a transaction, as in the case of a sales tax or value-added tax (VAT). An ad valorem tax may also be imposed annually, as in the case of a real or personal property tax, or ...
Tehsil Municipal Administration. A Tehsil Municipal Administration (TMA) is an organization associated with each Tehsil of Pakistan. TMAs are responsible for spatial planning and municipal services, and work closely with union councils. [1]
Buildings and structures in Moratuwa (1 C, 1 P) E. ... Moratuwa Municipal Council This page was last edited on 3 December 2020, at 22:37 (UTC). ...