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A 4% tax is due on the sale of all mixed drinks (except beer and wine) sold for "on-premises" consumption. A 3% tax is due on beer sold for off-premises consumption. Property taxes are assessed on real and personal property; only 20% of the value is used as the tax base. References. United States portal
December 15, 2023 at 8:01 PM. Dec. 15—Bernalillo County business owners can start filing their business personal property forms, which are due Feb. 29. There's a 5% penalty for anyone who files ...
Personal property, or possessions, includes "items intended for personal use" (e.g., one's toothbrush, clothes, and vehicles, and rarely, money). The owner has a distributive right to exclude others (i.e. the right to command a "fair share" of personal property). Private property is a social relationship between the owner and persons deprived ...
The use tax imposes a compensating tax equal in amount to the sales tax that would have been imposed on the sale of the property, if the sale had occurred within the state's taxing jurisdiction. The use tax is typically assessed at the same rate as the sales tax that would have been owed, and generally the taxability of the good or service does ...
Assessed home value x tax rate = property tax. For instance, if your home’s assessed value is $400,000 and your local tax rate is 2 percent, you’d owe $8,000 per year in property taxes.
The Arkansas Department of Finance and Administration (commonly DFA within the state) is a department of the government of Arkansas under the Governor of Arkansas.. The DFA is a cabinet level agency in the executive branch of government responsible for providing citizens with tax, licensure, or child support service and state agencies in their administration and budgeting.
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