Vocab Bloom Hub

property tax

/ˈprɒpəti tæks/

1 entry

phrase

/ˈprɒpəti tæks/B2formallegal
  • ruНалог, взимаемый правительством со стоимости недвижимости или личного имущества, принадлежащего физическому лицу или бизнесу, обычно используемый для финансирования местных услуг, таких как школы и инфраструктура.

A tax levied by a government on the value of real estate or personal property owned by an individual or business, typically used to fund local services such as schools and infrastructure.

  1. Tax on real estateB2formal

    A levy imposed by a government on the value of real estate owned by individuals or businesses.

    ruНалог на недвижимость

    • Homeowners must pay property tax annually to the local municipality.
    • The property tax rate increased by 2% this year.
    • Failure to pay property tax can result in a lien on the house.