Search results
Results from the WOW.Com Content Network
Rank County Per capita income Median household income Median family income Population Number of households 1 Douglas: $35,239 $60,721 $73,543 46,997 19,638
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
This page was last edited on 10 November 2024, at 09:18 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The final property tax amount is calculated by multiplying the municipal final property tax rate for the year by the BC Assessment value. Vancouver has the lowest property tax in Canada as a percentage of assessed value [13] because while property values are extremely high, the city's budget has stayed relatively constant.
This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property. Values are determined by local officials, and may be disputed by property owners.
The annual property tax is usually a percentage of the taxable assessed value of the property which is commonly determined by the assessment service provider of the municipality. The annual property tax for any province contains at least two elements: the municipal rate and the education rate.
A non-refundable tax credit for charitable donations is calculated at the lowest tax rate for the first $200 in a year, and at the highest tax rate for the portion in excess of $200. Donations can result in a reduction in taxes of between 40 and 60% of the donation depending on the province of the taxpayer and type of property donated.
Washoe County was a Republican stronghold throughout the late twentieth century, having only voted for the Democratic candidate once between 1944 and 2004 (in the 1964 Democratic landslide). Since the 1990s, it has become more competitive, going from a 22-point win for George H. W. Bush in 1988 to only a three-point win for Bush in 1992.