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Property tax
Meaning
Noun
●
In Taxation:
A
tax
, usually
ad valorem
,
charged
on the basis of
the
fair market value
of
property
. The
scope
of
taxable
property
varies
by
jurisdiction
and it may include
personal property
in
ad
dition to
real
estate.
Sourced from
Wiktionary
Synonyms
Rates
Council Tax
Personal Property Tax
Real Estate Tax
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