Elamiskõlbulikumaks

Elamiskõlbulikumaks, also known as the residential property tax, is a municipal tax levied on residential properties in Estonia. It is designed to fund local government services and infrastructure projects, particularly those that benefit residential areas. The tax is calculated based on the assessed value of the property and the area it occupies. The assessed value is determined by the local government and takes into account factors such as the property's size, location, and condition.

The tax is typically paid annually, and the amount due is calculated as a percentage of the assessed value. The rate can vary depending on the municipality and the type of property. For example, in Tallinn, the capital city, the rate is 0.1% of the assessed value, while in smaller municipalities, it can be as high as 0.5%. The tax is usually paid directly to the local government, and the amount due is often included in the property tax bill.

Elamiskõlbulikumaks is an important source of revenue for local governments, as it provides a stable and predictable income stream. It also helps to ensure that residential properties are well-maintained and that local infrastructure is up-to-date. However, the tax can also be a significant financial burden for property owners, particularly those with older or less valuable properties. To help alleviate this burden, some municipalities offer tax relief or exemptions for certain types of properties or owners. For example, some municipalities exempt elderly or disabled property owners from the tax, while others offer reduced rates for properties that are used for social housing.