Question

what is a property tax ​

Answer 1

Hello Mate,

Property tax is the annual amount paid by a land owner to the local government or the municipal corporation of his area. The property includes all tangible real estate property, his house, office building and the property he has rented to others......

Hope this helps you to

Answer 2

Explanation:

A property tax is an ad valorem tax on the value of property. Usually levied on real estate. The tax is levied by the governing authority of the jurisdiction in which the property is located.

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