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Chapter 19 Vocab

Courtney Oldham Accounting Inglés 8 fichas

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  1. 1Assessed ValueValue of a property that an assessor sets (usually a percent of property's market value) that is used in calculating property taxes.
  2. 2Excise TaxTax that government levies on particular products and services. Tax on specific luxury items or nonessentials.
  3. 3Milli-Prefix indicating .001 of basic metric unit
  4. 4Personal PropertyItems of possession, like cars, home, furnishings, jewelry, and so on. These are taxed by the property tax (don't forget real property is also taxed).
  5. 5Property TaxA tax that raises revenue for school districts, cities, counties, and the like.
  6. 6Real PropertyLand, buildings, and so on, which are taxed by the property tax.
  7. 7Sales TaxTax levied on consumers for certain sales of merchandise or services by states, counties or various local governments.
  8. 8Tax RateBudget needed/ Total assessed value

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Accounting Fichas sobre Chapter 19 Vocab, creado por Courtney Oldham el 22/07/2017.
Creado por
Courtney Oldham · jul 2017
Actualizado
22 jul 2017
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23
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