Councilors Point Out Energy-Saving Property Tax Reduction Not Applicable to Old Apartments, Taipei City Continues Promotion

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Taipei City is promoting a new policy to reduce property tax by 5% for buildings with an energy efficiency label of Level 1 or higher. However, councilors are concerned that old apartments without management committees may find it difficult to apply, rendering the policy ineffective. The Department of Finance states that buildings are the largest source of carbon emissions and encourages energy saving through measures like air conditioning replacement. The department will collaborate with the Department of Urban Development to promote the policy through various channels.