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    Property tax - Wikipedia

    https://en.wikipedia.org/wiki/Property_tax

    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 … See more

    Type

    The four broad types of property taxes are land, improvements to land (immovable man-made objects, such as buildings), personal property (movable man-made objects) and intangible property. Real property (also … See more

    By jurisdiction

    Property classes, tax rates, assessment rules and valuations vary by jurisdiction.
    Armenia
    Comparatively, Armenia ranks low internationally in … See more

    See also

    • Georgism
    • Henry George
    • Land value tax See more

    By jurisdiction image
    History of property tax

    Before the presence of a monetary system, taxes were mostly paid as a percentage of crops raised. Later, the property tax of ancient world, parts of medieval Europe and American colonies was rather based on the area of the property rather than … See more

    Further reading

    • Slack, E., & Bird, R. M. (2014). The Political Economy of Property Tax Reform, OECD Working Papers on Fiscal Federalism 18, OECD Publishing.
    1. ^ "Property Tax in India Guide 2022". homebazaar.com. 19 January 2022. See more

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  2. Property tax in the United States - Wikipedia

    https://en.wikipedia.org/wiki/Property_tax_in_the_United_States

    Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property times an assessment ratio times a tax rate, and is generally an obligation of the owner of the property. Values are determined by …

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  3. Property tax - Simple English Wikipedia, the free …

    https://simple.wikipedia.org/wiki/Property_tax

    WebA property tax (or millage tax) is a levy on property that the owner is required to pay. …

    • Estimated Reading Time: 3 mins

    • Property Tax: Definition, What It's Used For, How It's …

      https://www.investopedia.com/terms/p/propertytax.asp
      • Property tax is a tax paid on property owned by an individual or other legal entity, such as a corp…
        The local governing body will use the assessed taxes to fund water and sewer improvements, and provide law enforcement, fire protection, education, road and highway construction, libraries, and other services that benefit the community. Deeds of reconveyance do not interact with property t…
      • Property owners pay property tax calculated by the local government where the property is locat…
        Property tax is based on the value of the property, which can be real estate or—in many jurisdictions—also tangible personal property.
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