Tax rates
The taxes and charges collected by the city are used to provide services to residents.
The town collects taxes and charges to provide services to its residents. The town of Keuruu’s tax revenue consists of:
- local tax
- corporate tax
- property tax
Municipal tax is an income tax payable to the local authority. At its November meeting, the local council sets the income tax and property tax rates for the following year. Property tax is a tax payable annually to the municipality based on the value of the property. Organisations pay a proportional tax on their income, known as corporation tax, which is distributed to the state, municipalities and parishes.
Local tax
Municipal income tax rate: 9.10%
Municipal tax is an income tax payable to the local authority. Local authorities set their municipal tax rates annually.
Property tax
Property tax is an annual tax payable to the local authority based on the value of the property. The tax is gove ed by the Property Tax Act (20 July 1992/654). Property tax applies to all properties except forests and agricultural land. Certain public areas, such as streets and market squares, are also exempt from tax. Property tax is paid to the municipality in which the property is located.
- Standard property tax rate on land: 1.30%
- Standard property tax rate for buildings: 1.30%
- Property tax rate for a permanent residence: 0.51%
- Property tax rate for other residential buildings: 1.20%
- Property tax rate for public-benefit organisations: 0.00%
- Property tax rate for power stations: 3.10%
This content has been translated using AI