Property tax assessment notice for agricultural and forestry land or agricultural and forestry businesses received
Source: BUS Rheinland-PfalzProperty tax is a municipal tax that is levied on property located in the municipal area.
If you are the owner or, in the new federal states, the user of an agricultural or forestry property, you have to pay property tax - the so-called property tax A. You will receive a property tax assessment notice from the municipality.
Property tax is assessed in a three-stage procedure. In the old federal states, the basis for the property tax assessment notice is the unit value determined by the tax office in accordance with the Valuation Act in accordance with the value ratios of 1964 and in the new federal states the replacement economic value determined in accordance with the Valuation Act in accordance with the value ratios of 1964. These values in turn form the basis for the property tax assessment amount.
The tax assessment amount multiplied by the assessment rate forms the tax to be paid. The assessment rate is set by the municipality by means of bylaws. The assessment rate for agricultural and forestry assets may differ from that for real estate.
Under certain conditions, you can apply to the municipality for a partial remission of the tax if the normal gross profit is reduced by more than fifty percent and other conditions are met.
Changes to the legal or actual circumstances of the property only have an effect on property tax in the following year. For example, if you sell your property, the new owner will only be liable for property tax from the following year.