Law No.215-IG of 1996 on land tax.

Land tax is collected annually. The objects of taxation are the plots of land conceded in ownership or in lease. The purpose of the application of the present Law is rational land tenure. Land tax is calculated as stable land charge for the plot of land irrespectively of the results of economic activity of the owner of land and land tenants. The document consists of IV Secs. that contain 14 Arts. Section I (arts. 1-4) lays down general provisions. Section II (Arts. 5-6) fixes rates of land tax. Section III (art. 7) establishes privileged terms for the payment of land tax. Section IV (Arts. 8-14) establishes the modalities of fixing and payment of land tax.