0
6%
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
A tax on real estate or personal property?
Property tax
Does Georgia have personal property tax?
Yes, Georgia does not have a state-level personal property tax on personal belongings like furniture, cars, or household items. However, individual counties or municipalities within Georgia may impose their own personal property taxes.
Does North Carolina have personal property tax?
Yes; Noth Carolina has property tax.
Does depreciation reduce the personal property tax?
Depreciation can reduce the assessed value of personal property and thereby reduce the personal property tax, if the tax rate stays the same. Most states have a minimum rate in their depreciation tables where the depreciated value of the personal property will remain as long as you still own the property. Ask your local personal property assessor about depreciation tables as they also vary by type of personal property.
What is the difference between real property tax and personal property tax?
There are a few differences between real property tax and personal property tax. First, the term "real" usually involves homes, apartments, or land that a person may own. Personal property tax usually refers to personal luxury items such as jewelry. Additionally, vehicles are not considered "real" property. Real property is sort of land-based property. Another example would be a farmhouse or even a bridge.
What states have no property traxes on cars?
Cars are not subject to property tax. All states charge registration fees.
Tax on real estate or personal property is called what?
Tax on real estate or personal property is commonly referred to as "property tax." This tax is levied by local governments, such as municipalities or counties, based on the assessed value of the property. Property taxes are used to fund various local services and infrastructure, including schools, roads, public safety, and other community amenities. Website Link: incometaxonline.org
Does North Carolina have a personal property tax?
Yes
How do you find out if you owe personal property tax on a vehicle in Missouri?
how do I find out if I owe property tax on car that I co sign for
Does millage apply to real estate taxes or just personal property taxes?
Under most all tax systems (I'm sure there are exceptions), the millage unit is used for determining taxes of all types of property, real or personal. It may be a different amount for any particular type of property to another...even Commercial Real Estate to Industrial or Residential....or personal property where Cars compared to household may have a different rate. Millage: A tax rate on property, expressed in mills per dollar of value of the property.
Best state to live in?
Florida. No state income tax. No tax sales tax on your food. No property tax on cars or boats.
How does one get personal tax assestment for 2009?
You will have to get your personal property tax assessment from your the local taxing district office in your area.
