39918366
Description
Flashcards by Kyra Louthan, updated more than 1 year ago
|
Created by Kyra Louthan
about 2 years ago
|
|
| Question | Answer |
| Assessed Value | Value of a property that an assessor sets (usually a percent of property’s market value) that is used in calculating property taxes |
| Excise Tax | Tax that government levies on particular products and services. Tax on specific luxury items or nonessentials |
| Personal Property | Tax that raises revenue for school districts, cities, counties, and the like |
| Property Tax | Tax that raises revenue for school districts, cities, counties, and the like |
| Real Property | Tax that raises revenue for school districts, cities, counties, and the like |
| Sales Tax | Tax levied on consumers for certain sales of merchandise or services by states, counties, or various local governments |
| Tax Rate | Tax as a Percent |
Want to create your own Flashcards for free with GoConqr? Learn more.