MLchartDataset catalogue

Property tax

Term · Law · MLC-T-LAW-003973

A levy imposed by local governments on real estate, calculated based on the assessed value of the property. These taxes are a primary source of revenue for public services like schools, police, and fire departments. The tax rate and assessment methods vary significantly by jurisdiction.

Table 1. Record
IdentifierMLC-T-LAW-003973
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003973",
  "term": "Property tax",
  "field": "Law",
  "definition": "A levy imposed by local governments on real estate, calculated based on the assessed value of the property. These taxes are a primary source of revenue for public services like schools, police, and fire departments. The tax rate and assessment methods vary significantly by jurisdiction.",
  "url": "https://mlchart.com/terminology/law/property-tax/"
}

Record 4,016 of 5,439 in Law terminology (MLC-0107). Request the full dataset.