What is land tax? What is land tax arrangement? Explain it.
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Answer:
a tax levied by land....
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Explanation:
A land value tax or location value tax, also called a site valuation tax, split rate tax, or site-value rating, is an ad valorem levy on the unimproved value of land. Unlike property taxes, it disregards the value of buildings, personal property and other improvements to real estate.
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