Calculate the assessed value (in $) and the property tax due (in $) on the property. Fair Market Value Assessment Rate Assessed Value Property Tax Rate Property Tax Due $304,000 80 $ $25.40 per $1,000 $

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter24: Multistate Corporate Taxation
Section: Chapter Questions
Problem 33P
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Calculate the assessed value (in $) and the property tax due (in $) on the property.
Fair Market
Value
Assessment
Rate
Assessed
Value
Property
Tax Rate
Property
Tax Due
$304,000 80 $   $25.40 per $1,000 $  
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