Tax Rate

Concept of Tax Rate in the context of Real Property

A short definition of Tax Rate: Traditionally the ratio of dollars of tax per hundred or per thousand dollars of valuation. Modernly, has become to be expressed as a percentage of valuation.

Concept of Tax Rate in the context of Real Property

A short definition of Tax Rate: Traditionally the ratio of dollars of tax per hundred or per thousand dollars of valuation. Modernly, has become to be expressed as a percentage of valuation.

Tax Rate