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Shimla Municipal Corporation (SMC) is the municipal corporation of Shimla, the capital of Himachal Pradesh, and is the chief nodal agency for the administration of the city. Municipal Corporation mechanism in India was introduced during British Rule with formation of municipal corporation in Madras ( Chennai ) in 1688, later followed by ...
The property tax typically produces the required revenue for municipalities' tax levies. One disadvantage to the taxpayer is that the tax liability is fixed, while the taxpayer's income is not. The tax is administered at the local government level. Many states impose limits on how local jurisdictions may tax property.
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This tax is used to finance the budget of local authorities. The property tax comprises three different taxes: the tax on built properties, the tax on unbuilt properties, and a tax on household waste removal. Property tax on built properties. This is the most common tax in France. It is detailed in Article 1380 of the General Tax Code.
However, Nevada, Ohio, and Washington impose a gross receipts tax while Texas has a franchise tax based on "taxable margin", generally defined as sales less either cost of goods sold less compensation, with complete exemption (no tax owed) for less than $1MM in annual earnings and gradually increasing to a maximum tax of 1% based on net revenue ...
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]
Torrens title is a land registration and land transfer system in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.
In accordance with the usual procedure for executing search warrants, the FBI provided Trump's counsel with a copy of the warrant and a detailed three-page manifest, [64] [147] called a property receipt, which listed the inventory of seized records.