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A property tax or millage rate is an ad valorem tax on the value of a property.The tax is levied by the governing authority of the jurisdiction in which the property is located. This can be a national government, a federated state, a county or geographical region or a municipality. Multiple jurisdictions may tax the same property. Often a property tax is levied on real estate. It may be imposed annually or at the time of a real estate transaction, such as in real estate transfer tax. This tax can be contrasted to a rent tax, which is based on rental income or imputed rent, and a land value tax, which is a levy on the value of land, excluding the value of buildings and other improvements. Under a property-tax system, the government requires or performs an appraisal of the monetary value of each property, and tax is assessed in proportion to that value.
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Albums by OZBSort:By AlbumA - Z
Unknown Album
Song | Duration |
---|---|
UNIVERSAL (feat. BAZ20 (ZTZ), Scarlet Hawk, Sicario Jr, LilEge342, KANZ & Rose (ZTZ)) | 4:28 |
HARAM | 2:33 |
Together | 2:59 |
06 Freestyle | 1:39 |
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