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What property is taxed?

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Anonymous

13y ago
Updated: 9/17/2019

Property taxes are taxes on the value of owned property.

Sometimes they are classified as either specific or ad. Property Specific taxes are of a fixed amount based on a number, or standard of weight or measurement. Ad property taxes are based on a fixed proportion of the value of the property with respect to which the tax is assessed.

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Pierce Farrell

Lvl 9
2y ago

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