How RPT is calculated?

Published on 2018-05-14

RPT is calculated on the value of the building and land with an allowance of 10% to 30% by multiplying a rate of 1.2% on an annual basis. If the values of the building and the land can not be separated, tax will be levied on the aggregate value. If the base of RPT is the rental fee of the property, the tax rate would be 12%.