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United States Government Accountability OfficeGAOReport to Congressional Committees December 2012LOWINCOME HOUSING TAX CREDITS Agencies Implemented Changes Enacted in 2008, but Project Data Collection

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What is housing tax?

Housing tax is a tax levied on the value of residential properties.

Who is required to file housing tax?

Homeowners or tenants who reside in taxable housing are required to file housing tax.

How to fill out housing tax?

Housing tax can be filled out by completing the appropriate tax forms provided by the local taxation authority.

What is the purpose of housing tax?

The purpose of housing tax is to generate revenue for local governments to fund public services and infrastructure.

What information must be reported on housing tax?

Information such as property value, ownership details, and residential usage must be reported on housing tax forms.

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