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Income from rentals
by Rackat Kanakam on Dec 12, 2007 03:40 PM   Permalink

Corporation will not take the blame citing procedures and with no goverment at present there will be no action from the authorities. They will also complain about short of funds. There must be a huge rental income from this city and arent they getting enough taxes from this rental income. If the house/flat owners do not show the rental income or show a much reduced figure, then less or no tax. Then less tax collection for the corporation. Less inspections. More corruption. Then accidents !

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