The person liable to pay tax is the land holder as defined under the Kerala Land Tax Act. Only the land holder can pay tax and not any body else. If the land holder does not pay tax or the Village Officer refuses to accept tax from the land holders, the loser will be the State exchequer.
What happens when you don’t pay your property taxes in Ontario?
You get charged credit-card type interest on unpaid tax. Toronto, for example, charges 1.25 per cent a month. If you put your head in the sand and continually refuse to pay, the municipality can seize your property and sell it to recoup the taxes, although this is a long and seldom-used process that often takes years.
What happens if you pay your taxes a day late?
Generally, real estate taxes paid even a day late are subject to penalties and fines, with foreclosure ensuing if they remain unpaid. Real estate taxes are commonly known as property taxes. Each state has its own calendar for property tax bill due dates and a schedule for mailing them to property owners.
What to do if you pay your property taxes late?
When you know you’re going to be paying your property taxes late, it’s best to let your local taxing authority know, as well. In many areas, you can contact the county treasurer and ask to break up your tax bill payment. For example, in Harris County, it’s possible to make partial payments until your property taxes are paid in full.
What happens if you don’t pay your property taxes?
Because such taxes are important to the infrastructure and functionality of every city, county and state, the penalty for failing to pay property tax can be severe, ranging from ongoing fees and penalties to the loss of personal property. The exact amount of time you have to pay your past due property taxes depends on where you live.
What happens if you are late on second installment Property tax?
Delinquent second installment property tax payments are also charged a 10-percent penalty and possible administrative fees depending on the county in which the property tax is due. Like lenders, the taxing authority also has the right to foreclose for nonpayment.
