Urban Renewal Tax Benefits

TAMA 38 and Pinui-Binui

Apartment owners in urban renewal projects (TAMA 38, Pinui-Binui) receive: exemption from betterment tax on the additional rights granted, reduced purchase tax, and exemption from improvement levy. These benefits make urban renewal financially attractive for existing apartment owners.

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.