Generally, in the United States, that type of tax is a property tax.
Generally, in the United States, that type of tax is a property tax.
Generally, in the United States, that type of tax is a property tax.
Generally, in the United States, that type of tax is a property tax.
Wiki User
∙ 2012-12-27 13:15:08Wiki User
∙ 2012-12-27 13:15:08Generally, in the United States, that type of tax is a property tax.
direct tax
direct tax
direct
direct
There are a few different types of tax on the ownership of lands. The tax on the ownership of property is referred to as either property taxes or as real estate taxes.
property taxproperty taxproperty taxproperty tax
direct tax
property tax
Direct Tax OR a property tax or real estate tax.
Direct
That depends on the tax laws of the country in which that land and those buildings are located. You have not told us that so we can not provide you with a precise answer.
The type of ownership does not affect the assessed value or tax rate for real estate. The assessed value of real estate depends upon the characteristics of the land and any structures permanently attached to the land as of tax day. The tax rate for real estate is set by the taxing district and applies to all real estate in the community of the same kind (residential, commercial, industrial, etc.) regardless of the type of ownership (individual, joint, partnership, limited liability corporations, etc.). But personal income tax consequences at the state and federal level are a completely different story. Ownership type and tax consequences do matter when figuring personal income taxes.