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Beneficiary of the Land Improvement Tax — Article 58

Beneficiary of the Land Betterment Tax (Article 58)

The proceeds of the Land Betterment Tax accrue either to the Treasury or to the fund of the public institution or municipality on whose behalf the works were carried out.

The Betterment Tax Department collects the tax through the financial collection departments. The Treasury then transfers to the municipality or public institution that carried out the works the amounts collected on its behalf.