Social Sciences and the Law

How is landtax assessed?

Link to this answer

CloseClose

Link to this answer

Share this credible answer with others. Simply paste this code into your blog or Web page:

<a href="http://qanda.encyclopedia.com/question/landtax-assessed-91857.html" >How is landtax assessed?</a>
E-mail this answer Link to this answer

In the United States the land tax (including the tax on improved property) has been the chief method of collecting local revenue, accounting for some 25% of all state and local government receipts. The tax may be assessed on the sale value of the property, although a fairer method is classification of the land according to its productiveness.

Answer verified with
Get more facts and information about land tax . Or, view the full encyclopedia entry from The Columbia Encyclopedia, Sixth Edition.

Similar questions: How is landtax collected? How is landtax determined? [ Hide these questions ]

Related research questions

Related research articles

See all results at HighBeam

HighBeam gives you access to newspaper, magazine, and trade journal articles plus press releases, facts, information, and biographies from thousands of sources.