land tax Synonyms
No Synonyms and anytonyms found
land tax Meaning
Wordnet
land tax (n)
a capital tax on property imposed by municipalities; based on the estimated value of the property
land tax Sentence Examples
- The land tax is a levy imposed by the government on the ownership or use of land.
- Land tax is typically based on the value of the land, as assessed by a government agency.
- The revenue from land tax is used to fund public services, such as education, healthcare, and infrastructure.
- Land tax rates can vary depending on the location, value, and use of the land.
- Some countries have a progressive land tax system, where the tax rate increases as the value of the land increases.
- Land tax can be a significant expense for landowners, and can affect the value of land.
- Some governments offer tax breaks or exemptions for certain types of land, such as agricultural land or land used for conservation purposes.
- Land tax can be an effective way to raise revenue, as it is difficult for landowners to avoid paying it.
- Land tax can also be used as a tool to redistribute wealth and promote social equality.
- The land tax is a complex issue with a long history, and there is no one-size-fits-all approach to its implementation.
FAQs About the word land tax
a capital tax on property imposed by municipalities; based on the estimated value of the property
No synonyms found.
No antonyms found.
The land tax is a levy imposed by the government on the ownership or use of land.
Land tax is typically based on the value of the land, as assessed by a government agency.
The revenue from land tax is used to fund public services, such as education, healthcare, and infrastructure.
Land tax rates can vary depending on the location, value, and use of the land.
