KERM approves zl.73 million preparation plan for value-based property tax

The Cabinet Economic Committee (KERM) yesterday recommended to the Cabinet to begin the zl.73 million preparation program for introducing a value-based property tax in Poland. The program would begin next year and last until June 2003 and envisages creation of a comprehensive cadaster of all real-estate in the country. It would be financed from the state budget as well as foreign aid funds. At present, property tax in Poland is based on property size. (Rzeczpospolita, p.B2) T.J.