Chapter 18, Problem 5CR

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8th Edition

Robert Brechner + 1 other

ISBN: 9781305585447

Textbook Problem

Another name for property tax is ____ _____ tax. (18-5)

To determine

**To fill:** The blank space provided in the statement. “Another name for property tax is ________”.

Explanation

Ad valorem is a tax based on the assessed value of the property. It is another name for property tax.

Property tax is based on the assessed value of the property which is collected by the g...

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