On the basis of the fair market value, the property tax due is computed by applying the tax rates established by the taxing authorities in that area to the assessed value of the property.
Mills means one one-thousandth of a dollar. One way to calculate property tax is when the tax is expressed per $100 of assessed value.
Calculating Property Tax Using Mills
Теги
business mathmathbusinessbusiness problem solvingproblemproblemsproblem solvinghow to do mathhow to do business mathhow to solve problemshow to solve business problemsbusiness problemssolving business problemscalculating property tax using millsproperty taxcomputing property taxassessed valuefair market valuecalculating property tax
