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Houses in Macau are not for sale. Is there an annual fee?
Yes, the property tax in Macao refers to the tax paid by the property owner according to the property valuation. Property tax is calculated according to the market value or assessed value of the property, and the owner needs to pay a certain percentage of tax every year. Property tax is a part of Macao's tax system, which is used to support the local government's public services and infrastructure construction.
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