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tax liability. The higher the assessment, the higher the tax bill. In some jurisdictions, the assessed value is meant to equal the market value of a property. In other areas, the market value is multiplied by an assessment ratio to arrive at the assessed value. Once a tax assessor determines the assessed value, it is multiplied by a tax rate, called a "mill rate," to arrive at the amount of the property tax.
1955:
In the case of property, a tax assessment is an evaluation or an estimate of value that is typically performed by a tax assessor. The assessment leads to an "assessed value," which is a base number used in the calculation of the property tax. There is a relationship between the assessed value and the
1959:
Most state statutes give taxpayers a right to appeal the assessed value concluded by the assessor. An initial step in the appeal process is for the taxpayer to make an independent estimate of market value and to compare it against the assessed value.
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1996:; this information is then used by the local governments to determine the necessary rates of taxation to support the community's annual public budgets. In Florida, this official is known as the
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Governments need to collect taxes to function. Federal, state, and local governments impose tax assessments against real property, personal property, and income. The word
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is used in different ways, but often refers to a tax liability owed by a taxpayer.
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2087:"Differences in Labor Laws and Taxes Between Countries For EOR Services"
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2032:— a similar job in private practice, specific to real estate
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101:. Unsourced material may be challenged and removed.
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1937:. This is usually done by an office called the
2055:International Association of Assessing Officers
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1972:Jeff Davis County Board of Assessors' vehicle
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186:The examples and perspective in this article
64:Learn how and when to remove these messages
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2128:This government job-related article is a
2020:— a similar job in private practice
1419:Institute on Taxation and Economic Policy
242:Learn how and when to remove this message
224:Learn how and when to remove this message
161:Learn how and when to remove this message
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27:Evaluation of property for tax purposes
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99:adding citations to reliable sources
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2303:Local taxation in the United States
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1234:Global minimum corporate tax rate
45:This article has multiple issues.
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2069:"Apartment Property Tax Appeals"
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699:Base erosion and profit shifting
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477:Optimal capital income taxation
86:needs additional citations for
53:or discuss these issues on the
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2043:
1557:List of countries by tax rates
13:
1:
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1980:, an assessor, also called a
982:Natural resources consumption
2246:. You can help Knowledge by
2189:. You can help Knowledge by
2132:. You can help Knowledge by
2073:Apartment Property Valuation
2004:, this office is known as a
832:United States as a tax haven
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2313:Government occupation stubs
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200:, discuss the issue on the
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746:Offshore financial centres
636:Repatriation tax avoidance
1933:, usually to calculate a
1211:Financial transaction tax
301:Property tax equalization
1562:Tax revenue to GDP ratio
1221:Currency transaction tax
802:Liechtenstein tax affair
1269:Permanent establishment
1264:Exchange of Information
767:Financial Secrecy Index
418:Medical savings account
2242:-related article is a
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1164:Vehicle miles traveled
783:Ireland as a tax haven
597:Private tax collection
2030:Real estate appraisal
1971:
837:Panama as a tax haven
789:Ireland v. Commission
757:Conduit and sink OFCs
752:Offshore magic circle
673:Unreported employment
2293:Business occupations
1833:United Arab Emirates
1575:Individual Countries
1284:Foreign revenue rule
1076:Inheritance (estate)
795:Leprechaun economics
206:create a new article
198:improve this article
188:may not represent a
95:improve this article
2308:Land value taxation
1872:Business portal
1567:Tax rates in Europe
1437:Tax Justice Network
1383:Dhammika Dharmapala
886:Airport improvement
694:Transfer mispricing
485:Distribution of Tax
257:Part of a series on
18:Assessor (property)
1998:property appraiser
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1473:Eight per thousand
1388:James R. Hines Jr.
1279:European Union FTT
296:Government revenue
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2051:"General FAQ"
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1549:All Countries
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1503:Tolerance tax
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903:Capital gains
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822:Panama Papers
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689:Tax inversion
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615:Noncompliance
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572:Tax residence
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457:Tax incidence
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452:Excess burden
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378:Tax incentive
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373:Tax advantage
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333:Tax threshold
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278:An aspect of
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151:November 2017
143:
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119:
115:
112: –
111:
107:
106:Find sources:
100:
96:
90:
89:
84:This article
82:
78:
73:
72:
67:
65:
58:
57:
52:
51:
46:
41:
32:
31:
19:
2248:expanding it
2237:
2191:expanding it
2180:
2134:expanding it
2127:
2107:
2095:. Retrieved
2093:. 2024-07-05
2090:
2081:
2072:
2063:
2054:
2045:
2005:
1997:
1990:municipality
1982:tax assessor
1981:
1975:
1958:
1954:
1949:
1947:
1943:tax assessor
1942:
1938:
1935:property tax
1926:
1922:
1921:
1803:South Africa
1398:Joel Slemrod
1066:Hypothecated
1034:Sugary drink
908:Expatriation
787:
705:Double Irish
668:Black market
546:
513:Proportional
462:Laffer curve
447:Price effect
238:
220:
211:
187:
157:
148:
138:
131:
124:
117:
105:
93:Please help
88:verification
85:
61:
54:
48:
47:Please help
44:
2183:real estate
1818:Switzerland
1783:Philippines
1758:New Zealand
1753:Netherlands
1393:Ronen Palan
1131:User charge
950:Value-added
915:Consumption
827:Swiss Leaks
715:Single Malt
653:Tax shelter
643:Tax evasion
602:Tax farming
587:Tax shelter
503:Progressive
467:Optimal tax
368:Tax amnesty
363:Tax holiday
321:Tax bracket
306:Tax revenue
214:August 2023
2298:Evaluation
2287:Categories
2097:2024-08-06
2037:References
1927:assessment
1728:Kazakhstan
1613:Bangladesh
1608:Azerbaijan
1541:By country
1498:Temple tax
1468:Church tax
1351:ATA Carnet
1336:Free trade
1331:Tariff war
1259:Tax treaty
1140:Congestion
1081:Land value
972:Eco-tariff
940:Television
896:Solidarity
876:Ad valorem
736:Tax havens
567:Tax shield
562:Tax refund
530:Collection
508:Regressive
383:Tax reform
121:newspapers
50:improve it
2323:Tax stubs
2018:Appraiser
1808:Sri Lanka
1773:Palestine
1733:Lithuania
1698:Indonesia
1683:Hong Kong
1603:Australia
1593:Argentina
1461:Religious
1249:Spahn tax
1244:Tobin tax
1096:Pigouvian
1014:Cigarette
987:Severance
920:Departure
728:Locations
681:Corporate
663:Smuggling
431:Economics
353:Tax shift
348:Deduction
338:Exemption
202:talk page
56:talk page
2012:See also
1994:township
1939:assessor
1931:property
1828:Tanzania
1793:Portugal
1768:Pakistan
1648:Colombia
1628:Bulgaria
1493:Leibzoll
1370:Academic
1363:Research
1181:Windfall
1121:Turnover
1101:Property
1051:Georgist
997:Stumpage
992:Steering
977:Landfill
957:Dividend
881:Aviation
871:Per unit
866:Indirect
557:Tax lien
493:Tax rate
472:Theories
326:Flat tax
289:Policies
263:Taxation
196:You may
2002:Vermont
1848:Uruguay
1748:Namibia
1743:Morocco
1708:Ireland
1688:Iceland
1673:Germany
1663:Finland
1658:Denmark
1653:Croatia
1598:Armenia
1588:Algeria
1583:Albania
1230:(CCCTB)
1091:Payroll
1046:General
1039:Tobacco
1009:Alcohol
945:Tourist
891:Landing
623:General
358:Tax cut
316:Tax law
135:scholar
2006:lister
2000:. In
1986:county
1823:Taiwan
1813:Sweden
1798:Russia
1788:Poland
1763:Norway
1713:Israel
1678:Greece
1668:France
1638:Canada
1623:Brazil
1618:Bhutan
1513:Kharaj
1421:(ITEP)
1324:Export
1319:Import
1314:Tariff
1304:Custom
1191:Wealth
1116:Surtax
1111:Single
1086:Luxury
1071:Income
1004:Excise
967:Carbon
861:Direct
748:(OFCs)
701:(BEPS)
413:Unions
343:Credit
137:
130:
123:
116:
108:
2238:This
2181:This
1992:, or
1925:, or
1738:Malta
1723:Japan
1718:Italy
1693:India
1643:China
1528:Zakat
1523:Nisab
1518:Khums
1508:Jizya
1483:Tithe
1478:Teind
1439:(TJN)
1425:Oxfam
1297:Trade
1216:ATTAC
935:Stamp
930:Sales
925:Hotel
854:Types
204:, or
142:JSTOR
128:books
2244:stub
2187:stub
2130:stub
1778:Peru
1703:Iran
1445:(US)
1433:(US)
1427:(UK)
1309:Duty
1159:Toll
1154:GNSS
1150:Road
1145:Fuel
1056:Gift
1024:Meat
720:CAIA
498:Flat
114:news
2240:tax
1976:In
1941:or
1633:BVI
1135:fee
1126:Use
1029:Sin
1019:Fat
97:by
2289::
2089:.
2071:.
2053:.
2008:.
1988:,
1945:.
59:.
2275:e
2268:t
2261:v
2250:.
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2193:.
2161:e
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2100:.
2075:.
2057:.
1911:e
1904:t
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1133:/
245:)
239:(
227:)
221:(
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212:(
194:.
164:)
158:(
153:)
149:(
139:·
132:·
125:·
118:·
91:.
66:)
62:(
20:)
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