property tax
Property tax is a mandatory fee imposed by local governments on real estate, such as land and buildings, based on their assessed value. It serves as a primary source of revenue for the government to fund public services and infrastructure.
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Related Concepts (25)
- commercial property tax
- county property tax
- excise tax
- millage rate
- municipal fees
- municipal property tax
- personal property tax
- property tax caps
- property tax deductions
- property tax rates
- property tax relief programs
- property valuations
- real estate taxes
- residential property tax
- school property tax
- state property tax
- tax abatements
- tax assessment appeals
- tax assessments
- tax exemptions
- tax foreclosure
- tax lien sales
- taxation
- taxation policies
- wealth tax
Similar Concepts
- estate tax
- estate taxes
- property tax bills
- property tax collections
- property tax credits
- property tax discounts
- property tax exemptions
- property tax funding for schools
- property tax increases
- property tax rates by state
- property tax rebates
- property tax reforms
- property tax transparency
- property taxes
- tax assessment