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MBSP) is the local government that administers the city of Seberang Perai, which encompasses the mainland half of the Malaysian state of Penang. The city council, which has jurisdiction over an area of 748 km 2 (289 sq mi), falls under the purview of the Penang state government .
2. In the left navigation menu, click My Wallet | select View My Bill. - The Billing Statement page will appear. 3. From the dropdown menu, select the time period you want to view. Note - You can print your statement by clicking on the Print Statement button.
The assessment leads to an "assessed value," which is a base number used in the calculation of the property tax. There is a relationship between the assessed value and the tax liability. The higher the assessment, the higher the tax bill. In some jurisdictions, the assessed value is meant to equal the market value of a property.
After values are settled, property tax bills or notices are sent to property owners. [15] Payment times and terms vary widely. If a property owner fails to pay the tax, the taxing jurisdiction has various remedies for collection, in many cases including seizure and sale of the property.
Special assessment levies are not ad valorem property taxes even though they may be collected on a property tax bill. A special assessment is based strictly upon the concepts of "need" and "benefit." A special assessment is based strictly upon the concepts of "need" and "benefit."