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Westville was platted in 1851, and incorporated as a town in 1864. [4] It was a station and shipping point at the junction of two railroads. [5]Rev. John Milton Whitehead lived in Westville at the time of his enlistment as a chaplain in the 15th Indiana Infantry Regiment.
A property tax, millage tax is an ad valorem tax that an owner of real estate or other property pays on the value of the property being taxed. Ad valorem property taxes are collected by local government departments (examples are counties, cities, school districts, and special tax districts) on real property or personal property.
Today, the estate tax is a tax imposed on the transfer of the "taxable estate" of a deceased person, whether such property is transferred via a will or according to the state laws of intestacy. The estate tax is one part of the Unified Gift and Estate Tax system in the United States. The other part of the system, the gift tax, imposes a tax on ...
Moore, 178 U.S. 41 (1900), confirmed that the estate tax was a tax on the transfer of property as a result of a death and not a tax on the property itself. The taxpayer argued that the estate tax was a direct tax and that, since it had not been apportioned among the states according to population, it was unconstitutional.
Jackson Township is one of twelve townships in Huntington County, Indiana, United States. As of the 2020 census, its population was 4,125 (up from 4,043 at 2010 [2]) and it contained 1,856 housing units.
The poverty rate for the town was 1% higher than that of the state. 18.5% of the population were disabled and 6.8% had no healthcare coverage. 43.8% of the population had attained a high school or equivalent degree, 21.1% had attended college but received no degree, 9.0% had attained an Associate's degree or higher, 10.7% had attained a ...
The same principle holds true for tax-deferred exchanges or real estate investments. As long as the money continues to be re-invested in other real estate, the capital gains taxes can be deferred. Unlike the aforementioned retirement accounts, rental income on real estate investments will continue to be taxed as net income is realized.
The council members serve four-year terms. They are responsible for setting salaries, the annual budget, and special spending. The council also has limited authority to impose local taxes, in the form of an income and property tax that is subject to state level approval, excise taxes, and service taxes. [11] [12]