Real property tax calculator Liberia
Enter the market value of your land and buildings and the type of property to see the real property tax you owe each year.
A home pays 0.25% of its value a year. A building used for business pays 1.5%.
How it's calculated
- Real property tax: declared market value × the rate for the type of property.
- Owner-occupied homes not rented for income: 0.25%.
- Offices, shops, warehouses and other commercial or industrial buildings: 1.5%.
- Farmland within urban areas: 0.33%. Farms outside urban areas: 0.25%.
- Buildings on public land: 1% if commercial, 0.14% if residential.
An example
A home worth US$10,000 pays US$25 a year. Paying two years at once costs US$50.
Frequently asked questions
When is real property tax due?
Between 1 January and 1 July of the year it is levied. After that the LRA adds penalty and interest under Section 2002 of the Revenue Code.
I rent my home. Do I pay real property tax?
No. The owner pays it. As a tenant, the tax on rent is a withholding on rental income.
How do I value my property?
Use a value from an LRA-approved assessor or make your own estimate of market value, valuing land and buildings separately. High-end commercial properties over 2,000 square feet need a valuation by an approved architectural or engineering firm.
Is vacant land included?
Vacant land has its own rates, and the LRA page gives two different figures for city lots, so this calculator leaves it out. Check the rate with the LRA.
Key terms
- Real property
- Land and buildings and other fixed improvements to the land.
- TIN
- Taxpayer Identification Number, needed to pay the tax.
Up-to-date official data
Data checked against the official source on .
We check the official sources automatically, every day.
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