Does the state or town make the property tax rate?

Does the state or town make the property tax rate?
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1 Answer

Answer :

Most of the time the local governments in the state determines the property tax rate. This is one of the local government's main sources of revenue.
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Related questions

If sales tax in your town was 9.75% and the next town over was 8% would you shop at the stores in the lower tax rate?

Description : If sales tax in your town was 9.75% and the next town over was 8% would you shop at the stores in the lower tax rate?

Last Answer : answer:Depends on what I am buying, and the distance to drive. If I am buying a $5.00 item, then the additional tax is about ¾ of a cent. I would spend $3.50 in gas to get to the next town ... set, the difference would be about $70.00. So it would be worthwhile to make she drive to save $70.00

what is the property tax rate in Pleasanton CA?

Description : what is the property tax rate in Pleasanton CA?

Last Answer : Property Tax Rate for Pheasanton, CA is 1.16% of the value of your total assets

Will I be able to deduct a portion of my local property taxes from my NY state income tax?

Description : Will I be able to deduct a portion of my local property taxes from my NY state income tax?

Last Answer : No. However, you can deduct property taxes from your federal tax liability.

The population of a town is 16200. It decreases annually at the rate of 40% p.a. What was its population 3 years ago? a) 75000 b) 65000 c) 84900 d) 93600

Description : The population of a town is 16200. It decreases annually at the rate of 40% p.a. What was its population 3 years ago? a) 75000 b) 65000 c) 84900 d) 93600

Last Answer : Answer: A  (Ago = 100 numerator)  Ago 3 years = 16200×(100/60×100/60×100/60)  = 75000

The population of a town is 15000. It increases annually at the rate of 20% p.a. What will be its population after 3 years? a) 65439 b) 25920 c) 37193 d) 41093

Description : The population of a town is 15000. It increases annually at the rate of 20% p.a. What will be its population after 3 years? a) 65439 b) 25920 c) 37193 d) 41093

Last Answer : Answer: B Formula :  ( After =100 denominator )  (Ago = 100 numerator)  After 3 years = 15000×(1+20/100)^3  = 15000 ×(120/100)^3  = 15000 ×(1.2)^3  = 15000 ×(1.728)  = 25920

My husband got laid off and I don't know if I able to pay my property tax> Do you think I can make payment arrangement to them like monthly payment.?

Description : My husband got laid off and I don't know if I able to pay my property tax> Do you think I can make payment arrangement to them like monthly payment.?

Last Answer : Definitely call the County Assessor Office and let them know that you are having difficulties. Start immediately making regular, same-size payments. Try to establish an amount that will clear the amount ... it is assessed next time. Even if the office is reluctant to agree, send payments anyway.

How much would property tax be on average for an acre of land in the United States?

Description : How much would property tax be on average for an acre of land in the United States?

Last Answer : answer:HIGHLY variable. By that, I mean, You have no fucking idea how variable! variable. You may think it only varies bit, but tax rates varies by about a factor of 10 (0.18% to 1. ... we knew approximately where you were thinking of settling, we might be able to actually give you a better guess.

My mother died last year. Donated 99% of her property to Goodwill. What percentage can I deduct on my 2011 tax return?

Description : My mother died last year. Donated 99% of her property to Goodwill. What percentage can I deduct on my 2011 tax return?

Last Answer : answer:Here is the IRS publication that discusses these issues. Excerpt: In general, contributions to charitable organizations may be deducted up to 50 percent of adjusted gross income ... , however. Exempt Organizations Select Check uses deductibility status codes to indicate these limitations.

Anybody know much about property tax re-assessment?

Description : Anybody know much about property tax re-assessment?

Last Answer : Wow. I was just thinking of challenging my property tax for next year. With your story I definitely am going to do it. In my county you have to put itinerary writing before a certain date of the ... dropped. When I lived in Palm Beach County FL, they never assessed to the tippy top of the market.

How do I set up an investment property for tax purposes?

Description : How do I set up an investment property for tax purposes?

Last Answer : Schedule C, and consult a lawyer or accountant who specializes in taxes so that you don’t screw it up.

How do people on Extreme Home Makeover afford their new property tax?

Description : How do people on Extreme Home Makeover afford their new property tax?

Last Answer : I guess being they have no house note they can afford the taxes

Does every rental property involve a rental property tax?

Description : Does every rental property involve a rental property tax?

Last Answer : In the U.S., property taxes are generally paid by property owners. Renters generally pay a fixed monthly amount to the landlord/proprietor with no tax added.

What tax implications will I face from purchasing a Real Estate Rental property?

Description : What tax implications will I face from purchasing a Real Estate Rental property?

Last Answer : Purchasing a rental property can be an excellent tax advantage, actually. YOu will be able to deduct most of your maintenance, repair, interest, taxes, and some travel expenses - similar to running a business, the costs of maintaing the home will be deducted from your actual rental income.

What Type of Tax must a Real Property owner pay on their homes?

Description : What Type of Tax must a Real Property owner pay on their homes?

Last Answer : A Landlord must pay property taxes on the Home. In our Area a $80,000 Home is Charged $2000 a year in property taxes. Every where is different but they will be in the same ball park.

How do I get property tax information on a house that I want to purchase?

Description : How do I get property tax information on a house that I want to purchase?

Last Answer : First of all, your real estate agent should be able to get this for you. That being said, most counties have a website where you can look up property information, including property tax records. ... is located in a smaller subburb or by using a property tax search engine such as www.homeinfomax.com

Where can I get property tax information regarding homestead exemptions in Texas?

Description : Where can I get property tax information regarding homestead exemptions in Texas?

Last Answer : You can find information the exemptions at www.window.state.tx

What is the penalty in Kansas for not paying the property tax for 2 years?

Description : What is the penalty in Kansas for not paying the property tax for 2 years?

Last Answer : They will charge interest per month. They will eventually take the house and sell it. http://www.legalzoom.com/taxes/personal-taxes/what-are-penalties

Where can I find property tax information for my home?

Description : Where can I find property tax information for my home?

Last Answer : Your local property tax office.

I'm loooking into homestead exemptions, where is the best place for this Property Tax Information?

Description : I'm loooking into homestead exemptions, where is the best place for this Property Tax Information?

Last Answer : Finding out homestead exemption information will depend on what state you reside. For Florida: http://dor.myflorida.com/dor/property/taxpayers/exemptions.html. For Georgia: www.dor.ga.gov/ptd/adm/taxguide/exempt/homestead.aspx

why the property tax in East Windsor,NJ are so high compare to Monroe,NJ Monroe also have a very good school system?

Description : why the property tax in East Windsor,NJ are so high compare to Monroe,NJ Monroe also have a very good school system?

Last Answer : There are more reasons that schools for taxes and they may need more if they have less people paying in as well.

what is the property tax in Pittsburgh, PA?

Description : what is the property tax in Pittsburgh, PA?

Last Answer : Ask Stowe Township Property Taxoffice 1301 Island Avenue, Pittsburgh, PA- (412) 331-6270

what is the average property tax on a house in tobyhanna, pa monroe county, coolbaugh township, pocono country place. The property is worth 30,899 and I just want to know what the yearly property tax would be for that property and that general area?

Description : what is the average property tax on a house in tobyhanna, pa monroe county, coolbaugh township, pocono country place. The property is worth 30,899 and I just want to know what the yearly property tax would be for that property and that general area?

Last Answer : Call the Tax Collector's Office at (570) 894-5952 for information about assessment.

is there any type of property tax relief programs available for the disabled who are low income?

Description : is there any type of property tax relief programs available for the disabled who are low income?

Last Answer : no. they want you to go arrears in your property taxes so they can aquire your property. property taxes are basically illegal and actually mean you never own the property ever never at all.

Can you assume another person's property tax?

Description : Can you assume another person's property tax?

Last Answer : I don't think that you can assume another person's property tax, unless you purchased that property from them. The short answer is no, you cannot assume someone's property tax...you could always give them a loan, though.

What is the property tax mills for Lawrence, KS?

Description : What is the property tax mills for Lawrence, KS?

Last Answer : Property tax depends on the value of the building as well as the classification. The tax differs from residential and commercial buildings. The average property tax for a $100k home was $307 for 2011.

Property Tax Law: What is it?

Description : Property Tax Law: What is it?

Last Answer : Property tax law refers to the body of regulations and statutes that grant government authority to levy fees on various items that are owned by people under the jurisdiction of that government. Technically, a ... mean an annual savings of thousands, so owners may want to hire a lawyer to win them.

1. The largest source of tax revenue for the federal government is: a. the personal income taxb. the social security taxc. the property taxd. the sales tax

Description : 1. The largest source of tax revenue for the federal government is: a. the personal income tax b. the social security tax c. the property tax d. the sales tax

Last Answer : a. the personal income tax

Total product cost of a chemical plant does not include the __________ cost. (A) Market survey (B) Operating labour, supervision and supplies (C) Overhead and utilities (D) Depreciation, property tax and insurance

Description : Total product cost of a chemical plant does not include the __________ cost. (A) Market survey (B) Operating labour, supervision and supplies (C) Overhead and utilities (D) Depreciation, property tax and insurance

Last Answer : (A) Market survey

Fixed charges for a chemical plant does not include the (A) Interest on borrowed money (B) Rent of land and buildings (C) Property tax, insurance and depreciation (D) Repair and maintenance charges

Description : Fixed charges for a chemical plant does not include the (A) Interest on borrowed money (B) Rent of land and buildings (C) Property tax, insurance and depreciation (D) Repair and maintenance charges

Last Answer : D) Repair and maintenance charges

Which of the following is not a source of revenue to the village panchayat? (1) Property Tax (2) House Tax (3) Land Tax (4) Vehicle Tax

Description : Which of the following is not a source of revenue to the village panchayat? (1) Property Tax (2) House Tax (3) Land Tax (4) Vehicle Tax

Last Answer : (3) Land Tax

The exemption under section 54 of the Income Tax Act, 1961 is available ___________. e) to the extent of capital gain invested in the house property f) proportionate to the net consideration price invested g) to the extent of amount actually invested h) to the extent of net consideration

Description : The exemption under section 54 of the Income Tax Act, 1961 is available ___________. e) to the extent of capital gain invested in the house property f) proportionate to the net consideration price invested g) to the extent of amount actually invested h) to the extent of net consideration

Last Answer : to the extent of capital gain invested in the house property

If the aggregate fair market value of prescribed movable property received by a taxpayer as gift during the year is Rs.1,50,000, tax will be charged on ______. a) Rs.1,00,000 b) Rs.50,000 c) Rs.1,50,000 d) Rs.0

Description : If the aggregate fair market value of prescribed movable property received by a taxpayer as gift during the year is Rs.1,50,000, tax will be charged on ______. a) Rs.1,00,000 b) Rs.50,000 c) Rs.1,50,000 d) Rs.0

Last Answer : c) Rs.1,50,000