Calculation of the improvement levy

formula

Levy = 50% × (the value of the property after the plan - the value of the property before the plan). An appraiser on behalf of the committee determines the value.

Appeal

A decisive appraiser can be appointed (instead of a court) if there is a dispute about the appraiser's assessment.

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.