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Definition of Property tax
1. Noun. A capital tax on property imposed by municipalities; based on the estimated value of the property.
Definition of Property tax
1. Noun. An (usually) ad valorem tax charged on the basis of the fair market value of property. The scope of taxable property varies by jurisdiction and it may include personal property in addition to real estate. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Property Tax
Literary usage of Property tax
Below you will find example usage of this term as found in modern and/or classical literature:
1. Report by North Dakota State Budget Board (1912)
"PERSONAL property tax. The real problem of the general property tax is to be
found in personal property assessments. Tax commissions, generally throughout ..."
2. The Encyclopedia Americana: A Library of Universal Knowledge (1920)
"The separate property taxes gradually developed into a general property tax,
which became the chief source of State and local revenue — the State tax being ..."
3. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1903)
"268, 360, which, although called a privilege tax, was in fact a property tax,
and the only property tax upon the company, in respect to which we said (p. ..."
4. The Encyclopedia Americana: A Library of Universal Knowledge (1920)
"The separate property taxes gradually developed into a general property tax,
which became the chief source of State and local revenue — the State tax ..."
5. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1918)
"This is not questioned; but It is insisted that the tax imposed is not a property
tax but one laid directly on the gross earnings. ..."