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What is a land tax rate?

Updated: 4/30/2024
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12y ago

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A tax assessed on real estate by the local government. The tax is usually based on the value of the property (including the land) you own.

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12y ago
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1w ago

A land tax rate is the percentage at which the value of land is taxed by the government. It is used as a way to generate revenue for the government and can vary depending on the location and the assessed value of the land.

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