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Author Question: Ad valorem taxes are applied to a. property. b. income. c. sales. d. oil and gas. e. ... (Read 12 times)

j.rubin

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on: Jul 8, 2018
Ad valorem taxes are applied to
 
  a. property.
  b. income.
  c. sales.
  d. oil and gas.
  e. cigarettes and alcoholic beverages.

Question 2

A 1 percent mill levy is the same as saying
 
  a. the tax is 1 per 1,000 in assessed value of property.
  b. energy producers must pay 1 percent of their profit into the state general revenue fund.
  c. property tax is collected by the state government.
  d. local governments may tax property at 1 percent of the assessed value of property.


isabelt_18

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Reply #1 on: Jul 8, 2018
Answer to Question 1

A

Answer to Question 2

a


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