property taxes Sentence Examples

  1. Property taxes constitute a significant portion of municipal revenue.
  2. The city council proposed an increase in property taxes to fund new infrastructure projects.
  3. Homeowners are responsible for paying the property taxes on their residences.
  4. Commercial properties typically have higher property taxes than residential ones.
  5. The property tax rate varies from county to county.
  6. Taxpayers can appeal their property tax assessment if they believe it is incorrect.
  7. Property taxes are collected by local governments to fund essential services such as schools and roads.
  8. Some states offer homestead exemptions that reduce property taxes for homeowners.
  9. The due date for property taxes may vary depending on the municipality.
  10. Defaulting on property tax payments can lead to penalties or even property foreclosure.

property taxes Meaning

property taxes

a tax levied on real or personal property (as by a municipality) compare excise, income tax, a tax levied on real or personal property

FAQs About the word property taxes

a tax levied on real or personal property (as by a municipality) compare excise, income tax, a tax levied on real or personal property

withholding taxes, tariffs, taxes, sales taxes, single taxes, direct taxes, capitations, sin taxes,income taxes, poll taxes

No antonyms found.

Property taxes constitute a significant portion of municipal revenue.

The city council proposed an increase in property taxes to fund new infrastructure projects.

Homeowners are responsible for paying the property taxes on their residences.

Commercial properties typically have higher property taxes than residential ones.